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The depth of the Great Recession, the slow recovery of job creation, the downward trend in labor force participation, high long-term unemployment, stagnant or declining wages for low-to-medium skill jobs owing to adverse labor demand shifts, and a greater rebound in low-wage than mid- or...
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The principal means by which individuals and families achieve economic self-sufficiency is through labor market earnings. As a consequence, it is natural for policy makers to look to interventions that increase the ability of individuals and families to achieve an adequate standard of living...
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We review the burgeoning literature on the employment effects of minimum wages – in theUnited States and other countries – that was spurred by the new minimum wage researchbeginning in the early 1990s. Our review indicates that there is a wide range of existingestimates and, accordingly, a...
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