How Ontario's economy will react to $15 minimum wage - News Summed Up

How Ontario's economy will react to $15 minimum wage


His conclusion: "The minimum wage has little or no discernible effect on the employment prospects of low-wage workers." How is it possible that pushing the minimum wage up doesn't lead to job loss? The research into one particular result of raising the minimum wage is definitive: it puts more money in the pocket of minimum wage workers. (John Locher/Associated Press)Ontario's minimum wage is set to rise a total of 32 per cent in a little more than a year and a half: $11.40: current minimum wage. But it is not unprecedented: the U.S. increased the federal minimum wage (which is the floor for the minimum wage in all states) by 41 per cent in just two years (2007 to 2009).


Source: CBC News June 03, 2017 09:00 UTC



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