Do Higher Minimum Wages Create More Jobs

Since the release of the May jobs report, President Obama and many in the media have been crowing about new evidence allegedly showing that minimum-wage hikes stimulate job growth. At a speech in Denver on July 9, Mr. Obama noted that "since I first asked Congress to raise the minimum wage, 13 states have gone ahead and raised theirs- and those states have seen higher job growth than the staes that haven't raised their minimum wage." 

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