Economists have long debated the impact of higher minimum wages on employment.

Now, new data from the Department of Labor suggests that raising the minimum wage in several states may have spurred job growth.

The 13 states that raised their minimum wages on Jan. 1 have added jobs faster than states that did not, the report said. According to the Associated Press:

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Employer-Paid