UC Berkeley study finds low minimum wage costs state, federal government billions
Josh Kahen/Senior Staff
According to Jenifer MacGillvary, co-author for a study from the UC Berkeley Labor Center, economic recovery in a post-pandemic world will require consumer demand. By raising the nation's low minimum wage, employees would be left with more disposable income, ultimately helping stimulate the economy.
The nation’s low minimum wage could be costing the federal government more than $100 billion a year, a UC Berkeley Labor Center study published Thursday finds.
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