Birdwatch Note Rating
2023-05-05 02:20:13 UTC - HELPFUL
Rated by Participant: EC03F83D96202D6DF83FBA42E4CF7615010FAFC388E00E07198D9172E1301CCA
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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