Minimum Wage Hike Could Cost Albuquerque Workers Up to 1,300 Jobs


In a 2008 book summarizing studies on the minimum wage from the last two decades, economists David Neumark (UC-Irvine) and William Wascher (Federal Reserve Board) determined that the “preponderance of evidence” backs up the economic intuition that mandating higher wages for less-experienced employees causes some loss of hours or jobs.