Study: Higher Minimum Wage Doesn't Increase Unemployment

A new study shows that increased minimum wage does not increase unemployment.

Over a 16-year period, the study looked at counties that were located across the border
from another county that had a minimum wage increase. Instead of increasing unemployment, the study found that higher wages decreased worker turnover. That’s good for both employers and employees.

Here’s a transcript of an interview with one of the study’s authors.

MINIMUM WAGE EFFECTS ACROSS STATE BORDERS: ESTIMATES USING CONTIGUOUS COUNTIES (PDF) via Economix