Minimum wage harms those it is designed to help

Published May 9, 2011 4:00am ET



As if more proof were needed about the minimum wage’s devastating effects, yet another study has reached the same conclusion. Last week, two labor economists, Professors William Even (Miami University of Ohio) and David Macpherson (Trinity University), released a study for the Washington, D.C.-based Employment Policies Institute titled “Unequal Harm: Racial Disparities in the Employment Consequences of Minimum Wage Increases.”

During the peak of what has been dubbed the Great Recession of 2008, the unemployment rate for young adults (16 to 24 years of age) as a whole rose to more than 27 percent. The unemployment rate for black young adults was almost 50 percent, but for young black males, it was 55 percent.

Trusted reporting.Unlimited access.

Subscribe for full access to Washington Examiner coverage, expert political analysis, and subscriber-only journalism.

Get Unlimited Access

Already a member? Log in

Cancel anytime.