Birdwatch Note Rating
2023-05-05 11:15:08 UTC - HELPFUL
Rated by Participant: 94285228480CBEB9448356C2BFCDF5621C46CCDB2448F3E5034FE7A12B283AC0
Participant Details
Original Note:
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
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