Will lowering the minimum wage raise hiring rates for the long-term unemployed?
from Staffing Talk
What is the most important challenge facing America today? Robert Schiller, the Yale University professor awarded the Nobel Prize for Economics, says it’s economic inequality. Others parse that and say it’s solving the record long-term unemployment problem for millions of American workers. And at least one economist is saying lowering the minimum wage – say to $4/hour – is the way to do that.
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