July 28, 2014

Obama's Misleading Minimum Wage Statistics

Don't buy the argument that a higher minimum wage enhances job creation.

Donald J. Boudreaux

Senior Fellow, F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics

Liya Palagashvili

Senior Research Fellow

EARLIER THIS MONTH, President Obama seized upon fresh data from the Labor Department to argue for a higher minimum wage. According to the president and a subsequent Associated Press report, the 13 states that raised their minimum wages in January of this year are now enjoying, on average, faster job growth than the other 37 states.

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