Minimum wage laws do harm in the short run and in the long run. People acquire lots of valuable human capital in their first jobs. The longer those first jobs are pushed out of reach, the longer it takes low-skill workers to develop crucial capacities that can put them on a promising career path.

How does raising the minimum wage affect employment?

Online registration for this event is closed. Walk-in registrations will be accepted.

The Democratic leadership has announced plans to pass an increase in the federal minimum wage soon after their party takes over Congress in January. The current rate of $5.15 per hour has not been raised since 1997. Some...

The increase in the minimum wage has actually hurt those who it was intended to benefit.

The Clinton administration has claimed its proposal to increase the minimum wage would not affect employment; other research supports that a higher minimum wage means fewer jobs.

A higher minimum wage is terrible economic policy and Americans know it.

The Clinton administration's proposal to increase the minimum wage has renewed interest in the question of how job creation would be affected. The president's proposal came at a time when academic interest in the effects of the minimum wage on employment was rekindled by David Card and Alan B. Krueger,...