A&M study says raising minimum wage would not stimulate economy

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POSTED: Thursday, March 21, 2013 - 7:00am

UPDATED: Thursday, March 21, 2013 - 7:14am

Study shows net job growth falls in response to increase in minimum wage

The Houston Chronicle is reporting; Texas A&M University researchers say raising the minimum wage will reduce job creation, but will not affect employee turnover or layoffs.

In President Obama's State of the Union address, he proposed raising the minimum wage from $7.25 an hour to $9, along with an annual boost for inflation, sparking a national debate. To read more, head to The Houston Chronicle's website: http://www.chron.com/jobs/article/A-M-study-says-raising-minimum-wage-would-not-4367941.php

 

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