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After Sen. Bernie Sanders introduced his bill to raise the federal minimum wage to $15 earlier this year, the nonpartisan Congressional Budget Office projected the legislation could cost up to 2.7 million jobs nationwide. Raising the minimum wage would create a costly tradeoff – some would get a pay…

A new study published by the National Bureau of Economic Research adds new evidence to the economic literature that minimum wage hikes, especially large ones, have negative consequences for employees. In this analysis, economists Jeffrey Clemens at the University of California, San Diego and Michael Strain at the American…

Consumer prices increased by 5.3% in August over the last 12 months – creating some cause for concern amid economic recovery from the pandemic. According to the Bureau of Labor Statistics’ latest release this week, food-at-home prices rose by 3%, and food-away-from-home (i.e. restaurant) prices rose 4.7%. Energy…

A new study published by the National Bureau of Economic Research corroborates the existing economic literature: raising tipped minimum wages is actually harmful to tipped workers, and does not effectively address poverty despite what anti-tip credit activists claim. Drs. David Neumark and Maysen Yen at the University of California-Irvine find…

After getting nixed from this past spring’s reconciliation bill due to procedural rules, the federal $15 minimum wage proposal has been sidetracked given other legislative priorities for Democrats and the Biden administration. Nevertheless, the so-called “Fight for $15” movement has pushed forward in other arenas, including corporate minimum wage campaigns…

Larry Elder is running in what appears to be a close race to replace current California Governor Gavin Newsom if voters elect to recall him. Elder says he is basing his campaign on “common sense” principles, and alarmed some Californians a few weeks ago when he said “the ideal minimum…

This week One Fair Wage (OFW), known for its aggressive and controversial tactics to advocate for ending tipping and the tip credit, released a “How-To Guide” for restaurants to adopt a flat minimum wage, like the Raise The Wage Act’s goal of $15 per hour. But the organization’s catchy…

The economics of minimum wage hikes are pretty simple: raising minimum wage costs causes employers to account for these costs in other areas. Evidence of this trend is well-documented: wage hikes have been demonstrated to cost workers their jobs, or cause a decline in scheduled hours. Employees at companies…

Every year, the National Low Income Housing Coalition (NLIHC) releases a new report with headline-inducing statistics and fancy maps detailing the so-called “Housing Wage” that workers need to earn to afford the current rental market. This year was no exception – and minimum wage hike…

The Restaurant Opportunities Center (ROC) is controversial for its mission alone — its push to eliminate the current tipping system is overwhelmingly rejected by tipped employees who say they earn more under the current system than under a flat minimum wage. Beyond its policy goals though, ROC has been controversial…