How do changes in the minimum wage affect individuals, families, employers, and the economy? Today, the U.S. economy continues to grow and the unemployment rate remains low. Wage growth, however, remains slow for much of the labor force. The federal minimum wage has remained at $7.25 an hour since 2009. The combination of job growth and wage stagnation has led many localities to increase their minimum wage. If you want to learn more, don’t miss hearing from economists and research experts on what we know about minimum wage increases and their effects on workers, low-income families, employers, and state/local economies.
The following experts will present:
- Gregory Acs, Vice President of the Income and Benefits Policy Center at Urban Institute
- David Neumark, Economics Professor and Director of the Economic Self-Sufficiency Policy Research Institute at UC Irvine
- Lou Nadeau, Vice President at Eastern Research Group, Inc.