The Effects of a Minimum-Wage Increase on Employment and Family Income

By:

Congressional Budget Office

Format:

Paperback / softback

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Description

Increasing the minimum wage would have two principal effects on low-wage workers. Most of them would receive higher pay that would increase their family's income, and some of those families would see their income rise above the federal poverty threshold. But some jobs for low-wage workers would probably be eliminated, the income of most workers who became jobless would fall substantially, and the share of low-wage workers who were employed would probably fall slightly.

Release date NZ

February 3rd, 2015

Author

Congressional Budget Office

Audience

General (US: Trade)

Pages

Dimensions

216x280x2

ISBN-13

9781507829660

Product ID

37694177

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