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Per CBO it would cost 1.3 million jobs

Posted on: September 3, 2020 at 14:39:54 CT
Spanky KU
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https://www.cbo.gov/system/files/2019-07/CBO-55410-MinimumWage2019.pdf

"In an average week in 2025, the $15 option would boost the wages of 17 million workers who would otherwise earn less than $15 per hour. Another 10 million workers otherwise earning slightly more than $15 per hour might see their wages rise as well. But 1.3 million other workers would become jobless, according to CBO’s median estimate. There is a two-thirds chance that the change in employment would be between about zero and a decrease of 3.7 million workers. The number of people with annual income below the poverty threshold in 2025 would fall by 1.3 million."
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Why should entry level jobs at the lowest level - 4TigersinMichigan MU - 9/3 14:27:56
     Wow, you are THE biggest moron. - RamblinScramblin MU - 9/3 15:05:26
          Min wage is meant to be an ENTRY level job - Spanky KU - 9/3 16:06:37
          Kid I know does it right now. 4 living in a place near - TigerFan92 STL - 9/3 15:11:43
               Starting jobs are not meant to be jobs to support a family - 4TigersinMichigan MU - 9/3 15:13:14
          What is that person - meatiger MU - 9/3 15:09:27
          And why should low skill jobs meant for high school workers - 4TigersinMichigan MU - 9/3 15:09:02
          why do you assume the lowest paying jobs - DesertTiger MU - 9/3 15:07:53
     The goal is to bring about communism. This is a - JeffB MU - 9/3 14:50:26
     Depends upon the entry level, if it is a fry cook at Mac's - MU-TULSA MU - 9/3 14:49:03
          His point was why does the government outlaw jobs that - JeffB MU - 9/3 14:59:28
          I think he was talking about low skill - meatiger MU - 9/3 14:50:07
     When has progressive thought made logical sense? - RHAYWORTH MU - 9/3 14:43:23
     Here is the question no advocate for a mandatory minimum can - Bulldog Bob Brown STL - 9/3 14:35:33
          The answer will depend on your politics - meatiger MU - 9/3 14:44:36
          Per CBO it would cost 1.3 million jobs - Spanky KU - 9/3 14:39:54
     Because Millennials think they should, GD it.(nm) - TrumpToRushmore MU - 9/3 14:31:38
          And apparently no one should pay more than 30% - 4TigersinMichigan MU - 9/3 14:33:36
               I would have to rent my $1200/month condo for $520 and I - TigerFan92 STL - 9/3 14:52:08
                    If the United States and world economies can bear it, I'm - TrumpToRushmore MU - 9/3 15:21:08




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