Birdwatch Archive

Birdwatch Note

2023-05-04 15:30:25 UTC - MISINFORMED_OR_POTENTIALLY_MISLEADING

A large majority of minimum wage studies indicate that raising the minimum wage leads to employment reduction. https://www.nber.org/papers/w12663 According to 2021 data from BLS: Only 1.4% of hourly paid workers earned the federal minimum wage or less. 44% of those earning minimum wage were under age 25. https://www.bls.gov/opub/reports/minimum-wage/2021/pdf/home.pdf

Written by 94421420B860E3B799D7145A6A1F66C69262E86F1138DC8A782E9A90A329BC55
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• noteAuthorParticipantId - 94421420B860E3B799D7145A6A1F66C69262E86F1138DC8A782E9A90A329BC55 Participant Details
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• classification - MISINFORMED_OR_POTENTIALLY_MISLEADING
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• summary
• A large majority of minimum wage studies indicate that raising the minimum wage leads to employment reduction. https://www.nber.org/papers/w12663 According to 2021 data from BLS: Only 1.4% of hourly paid workers earned the federal minimum wage or less. 44% of those earning minimum wage were under age 25. https://www.bls.gov/opub/reports/minimum-wage/2021/pdf/home.pdf