No doubt, the pressing need for a living wage is one of the biggest issues facing the United States today. The drive for a $15/hour minimum wage has been a persistent theme in national politics for years now, and we've all become familiar with one of the main arguments used against it: that it will lead to lost jobs.
But as we're now learning, in those places where the wage has been increased to $15/hour, those job losses haven't necessarily materialized. Researchers at Princeton looked at a five-year analysis of the impacts of these wage increases at McDonald’s locations across the U.S., and what they found might just surprise you: today's MarketWatch has the details.
Posted on 01/28/2021 at 05:19 PM