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Publication Date: May 2006
Publisher: Heritage Foundation (Washington, D.C.)
Author(s): Rea S. Jr. Hederman; James Sherk
Research Area: Economics; Labor
Keywords: Economy; workers; fears; Department of Labor
Type: Brief
Abstract:
Surveys show that many Americans feel anxious about their economic prospects. Often they hear stories about weak job growth or stagnant earnings that seem to confirm their fears. And many think that proposals to raise the minimum wage would help low income workers get ahead in these difficult times. But the evidence shows that that raising the minimum wage would not help.