Verkkolearn how raising the minimum wage can affect consumer spending, inflation, and job growth.

Verkkounder the monopsony model, a minimum wage can increase employment by increasing work pay and inducing more labor supply.

Opponents of such regulation argue that raising real wage will raise.

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Verkkothe debate is triggered by the rise of jobs with low salaries since the 1990s.

A substantial rise in the minimum wage can depress the returns to skills through.

Verkkowe add to this literature by providing an alternative mechanism:

Rise Above - City of York, Pennsylvania

Find out the current federal and state minimum wage.

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