Minimum Wage Doesn’t Help The Poor — EPIonline.org
Friday, Connecticut’s minimum wage will increase to $8.25 per hour, making it the third highest in the nation and $1 an hour higher than the new federal rate. This increase, which passed after lawmakers overrode a veto by Gov. M. Jodi Rell in 2008, comes at a particularly damaging time for the state’s entry-level work force.
In passing the higher wage, well-intentioned politicians hoped this policy would benefit low-income workers, spur job creation and “help families that are really struggling.” But decades of economic data show the opposite is true. Minimum-wage increases make it harder to find employment, particularly for the most vulnerable job-seekers.
Minimum Wage Doesn’t Help The Poor | EPIonline.org.
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