https://padlet.com/srfranklin20/o31utov2t5yw en-us 2017-04-25 01:57:10 UTC 2026-03-18 21:48:32 UTC hello@padlet.com srfranklin20 https://padlet.com/srfranklin20/o31utov2t5yw/wish/167995594 " A likely result would be not only increases in unemployment but also drops in formal labor force activity (where workers work or search for legal jobs) and perhaps some growth in undocumented work among immigrants."]]> 2017-04-25 01:57:10 UTC https://padlet.com/srfranklin20/o31utov2t5yw/wish/167995594 srfranklin20 https://padlet.com/srfranklin20/o31utov2t5yw/wish/167995595 "Many employers will be very reluctant to pay high wages to workers whose skills – including the ability to speak English, in the case of many immigrants – are so modest. "]]> 2017-04-25 01:57:10 UTC https://padlet.com/srfranklin20/o31utov2t5yw/wish/167995595 srfranklin20 https://padlet.com/srfranklin20/o31utov2t5yw/wish/167995596 "In a city like Washington DC where unemployment among those with a high school education or less is at a worrisome 15%, jobless rates will almost certainly rise. "]]> 2017-04-25 01:57:10 UTC https://padlet.com/srfranklin20/o31utov2t5yw/wish/167995596 srfranklin20 https://padlet.com/srfranklin20/o31utov2t5yw/wish/167995597 "In job markets where young or less-educated workers already have difficulty finding jobs and gaining important work experience, such mandates will likely make it much harder."]]> 2017-04-25 01:57:10 UTC https://padlet.com/srfranklin20/o31utov2t5yw/wish/167995597 srfranklin20 https://padlet.com/srfranklin20/o31utov2t5yw/wish/167995598 "But I have much more serious worries about a $15 an hour minimum wage, which constitutes a wage increase of 50% to 100% in most places "]]> 2017-04-25 01:57:10 UTC https://padlet.com/srfranklin20/o31utov2t5yw/wish/167995598 srfranklin20 https://padlet.com/srfranklin20/o31utov2t5yw/wish/167995599 "Some credible studies find moderate negative effects while others find none; our best guess is that moderate minimum wage increases will lead to modest job losses. "]]> 2017-04-25 01:57:10 UTC https://padlet.com/srfranklin20/o31utov2t5yw/wish/167995599 srfranklin20 https://padlet.com/srfranklin20/o31utov2t5yw/wish/167995600 "Many economists worry minimum wage increases tend to reduce employment, hurting young and less-educated workers the most. And they have analyzed the effects of state and federal increases in the U.S. and other countries in hundreds of statistical studies."]]> 2017-04-25 01:57:10 UTC https://padlet.com/srfranklin20/o31utov2t5yw/wish/167995600 srfranklin20 https://padlet.com/srfranklin20/o31utov2t5yw/wish/167995601 "Lately, however, minimum wages have risen too high to $15 an hour in some cities. Seattle was the first major jurisdiction to do so in 2014; San Francisco and Los Angeles followed. "]]> 2017-04-25 01:57:10 UTC https://padlet.com/srfranklin20/o31utov2t5yw/wish/167995601 srfranklin20 https://padlet.com/srfranklin20/o31utov2t5yw/wish/167995602 " In 2013, the Obama Administration proposed a modest increase, whereby the federal minimum wage would rise to $9 an hour from $7.25 an hour. "]]> 2017-04-25 01:57:10 UTC https://padlet.com/srfranklin20/o31utov2t5yw/wish/167995602 srfranklin20 https://padlet.com/srfranklin20/o31utov2t5yw/wish/167995603 "When labor unions and activists began calling for an increase in America’s minimum wage to $15 an hour, many thought it was a typical bargaining ploy, and that they would be pleased to receive much more modest increases."]]> 2017-04-25 01:57:10 UTC https://padlet.com/srfranklin20/o31utov2t5yw/wish/167995603 srfranklin20 https://padlet.com/srfranklin20/o31utov2t5yw/wish/167995604 http://fortune.com/2015/07/30/1223726-15-hour-minimum-wage-workers-fast-food/]]> 2017-04-25 01:57:10 UTC https://padlet.com/srfranklin20/o31utov2t5yw/wish/167995604