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Obamanopoly!
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Obamanopoly!

Sometimes, a picture is worth a trillion words.

02/24/2012
July’s minimum wage increase could effect college attendance
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Blog

July’s minimum wage increase could effect college attendance

Minimum wage is set to increase from $6.55 an hour to $7.25 on July 24th. The Wall Street Journal article “Mandating Unemployment, congress prepares to kill more jobs”, from July 13, 2009, raises the question of who this raise will benefit, and who it will hurt. According to the article, David Neumark, an economist from University of California, Irvine, believes “the 70-cent per-hour minimum wage hike this month would kill ‘about 300,000 jobs for those between the ages of 16-24’”.  As of June, 2009, 24% of American teens are already unemployed.

07/13/2009