Five myths about raising the minimum wage — debunked | Opinion

“The minimum wage was never meant to be a … “Raising the minimum wage just increases the price … “Raising the minimum wage will hurt people … “Raising the minimum wage will destroy small … “Raising the minimum wage will lead to job loss.” …

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Debunking 5 Common Arguments Against The $15 Minimum …

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Feb 20, 2021 · Additionally, 70 years of Department of Labor data from 1938 to 2009 do not show any correlation between federal minimum wage increases and job loss. MYTH: Raising the …

businessinsider.com

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5 Right-Wing Myths About Raising The Minimum Wage, Debunked

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Jan 27, 2014 · Raise the Minimum Wage. Here are a few points about a higher minimum wage that aren’t myths. The minimum wage of $7.25 isn’t even the real minimum wage. Most people …

ourfuture.org

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5 Right-Wing Myths About Raising The Minimum Wage, Debunked

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Jan 23, 2014 · The minimum wage of $7.25 isn’t even the real minimum wage. Most people do not know that tipped employees work for a minimum wage of $2.13 an hour, where it has been …

alternet.org

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Debunking Claims To Support $15 Federal Minimum Wage: Myth …

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May 10, 2017 · Inspired by an error-laden editorial by Senators Patty Murray and Bernie Sanders in support of a $15 national minimum wage, I’ve dedicated a series of myth-busting blog posts …

washingtonpolicy.org

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Fact Vs Myth On The Minimum Wage – Marc Stier At Large

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Oct 3, 2019 · In New York City, the minimum wage is now $13.50 per hour—but you can still buy a slice of pizza for $1. “Raising the minimum wage will hurt people earning $12, $15, $18 an …

marcstier.com

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NJ Minimum Wage Increase To $15: Is That Still Too Low? - Bergen …

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Dec 14, 2023 · In February 2019, when Murphy signed the bill gradually raising the minimum wage, $15 an hour had the same purchasing power that $18.22 had in November 2023’s …

northjersey.com

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Despite NJ Minimum Wage Hike, Many Struggle With The Cost Of …

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Jun 27, 2024 · New Jersey’s minimum wage is $15.13 an hour — the highest it’s ever been. In February 2019, ... Murphy suggested raising the minimum wage to $18 or $20 an hour. It was …

northjersey.com

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NJ Minimum Wage Boost Will Improve Low-income Families: Opinion

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Jan 25, 2019 · Gov. Phil Murphy recently announced an agreement with legislative leaders to raise the minimum wage for most workers to $15 an hour by 2024. This will bring financial …

northjersey.com

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NJ Minimum Wage: $13 An Hour This Week, With Exceptions

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Jan 6, 2022 · Workers earning minimum wage in New Jersey will see a dollar raise on their paychecks from $12 to $13 an hour on Jan. 1, 2022. ... bringing their hourly wage to a …

northjersey.com

FAQs about Five myths about raising the minimum wage — debunked | Opinion Coupon?

Which minimum-wage myth is the easiest to debunk?

The easiest minimum-wage myth to debunk is this one: all you have to do is check the data in one state that raised the wage against a neighboring state that did not. For example, the Federal Reserve Bank of New York observed the effects of one such increase in counties along the New York/Pennsylvania state line when New York raised its wages. ...

Do federal minimum wage increases kill jobs?

There is no correlation between federal minimum wage increases and job loss, according to 70 years of Department of Labor data from 1938 to 2009. This assumption that raising wages kills jobs is a common misconception that we debunked in the first question. ...

Does increasing the minimum wage cause job loss?

Contrary to common belief, no jobs were lost when the minimum wage went up, according to a gold-standard study using 40 years of data from around the United States. Furthermore, 70 years of Department of Labor data from 1938 to 2009 did not show any correlation between federal minimum wage increases and job loss. ...

Should the minimum wage be raised?

Raising the minimum wage pays social dividends that stretch beyond any debate about the discrepancies between workers’ wages and CEO’s wages. First, workers who are affected by a minimum wage increase see immediate and significant health benefits for themselves and for society. ...

What happens if the minimum wage reaches $15 an hour?

After the minimum wage reaches $15 an hour, New Jersey's constitution requires that the agency increase the wage each year based on any increase in the Consumer Price Index. ...

What are the arguments against the minimum wage?

The arguments against the minimum wage are commonly the same. However, since Seattle adopted the $15 minimum wage, a growing body of evidence has mostly laid those objections to rest. Here are the most frequently asked questions about the minimum wage, with links to studies that debunk the most pernicious anti-wage claims. ...