Thursday, August 25, 2016

Minimum wage effect? DC restaurants lost more jobs since January than any 6-month period since 2001 recession

American Enterprise Institute

DCfood

. . . "As the Wall Street Journal commented recently, “Few ideas have been so thoroughly dismantled by reality as minimum-wage laws, which price some jobs out of existence and some workers out of jobs.” The evidence so far suggests that DC’s $15 an hour minimum wage experiment is already undergoing some major dismantling, with the stark reality that more than 1,000 restaurant workers have apparently been priced out of their jobs just this year since January." . . .

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