employment effects of minimum wages When minimum wages are introduced or raised , are there fewer jobs ?

Content Provider	Semantic Scholar
Author	Neumark, David
Copyright Year	2016
Abstract	The potential benefits of higher minimum wages come from the higher wages for affected workers, some of whom are in poor or low-income families. The potential downside is that a higher minimum wage may discourage employers from using the low-wage, low-skill workers that minimum wages are intended to help. If minimum wages reduce employment of low-skill workers, then minimum wages are not a “free lunch” with which to help poor and low-income families, but instead pose a tradeoff of benefits for some versus costs for others. Research findings are not unanimous, but evidence from many countries suggests that minimum wages reduce the jobs available to low-skill workers.
File Format	PDF HTM / HTML
Alternate Webpage(s)	https://wol.iza.org/uploads/articles/6/pdfs/employment-effects-of-minimum-wages.pdf
Language	English
Access Restriction	Open
Content Type	Text
Resource Type	Article