A&M study says raising minimum wage would not stimulate economy
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
College Station, TX — 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