Minimum wage has no consistent effect on employment levels
PolicyAlternatives.ca – publications/reports/dispelling-minimum-wage-mythology? – Dispelling Minimum Wage Mythology: The Minimum Wage and the Impact on Jobs in Canada, 1983–2012
October 21, 2014. Author(S): Jordan Brennan Jim Stanford
A recent report by CCPA research associates and Unifor economists Jordan Brennan and Jim Stanford finds there is no consistent connection between higher minimum wages and employment levels in Canada. This report conducts a wide empirical study of Canadian employment data in search of any evidence that higher minimum wages reduce employment or increase unemployment. It examines the relationship between minimum wages and employment in all ten Canadian provinces between 1983 and 2012, and finds no consistent evidence that minimum wage levels affect employment in either direction. Instead, the research concludes that employment levels are overwhelmingly determined by larger macroeconomic factors.
Read more of the authors’ conclusions in the report, Dispelling Minimum Wage Mythology: The minimum wage and the impact on jobs in Canada, 1983-2012. < https://t.e2ma.net/click/xv0sg/hvt64/x758xc >
< https://www.policyalternatives.ca/publications/reports/dispelling-minimum-wage-mythology utm_source=newsletter&utm_medium=email&utm_content=Dispelling%20Minimum%20Wage%20Mythology&utm_campaign=Newsletter%2011/04/2014 >
Tags: economy, featured, ideology, standard of living
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