McDonald's and the minimum wage

The biggest impact of minimum wages is not so much on existing workers, but on new workers entering the labour force. The effects fall heaviest on low-skilled teenagers, especially minorities...Minimum wage laws were initially backed in part as conscious efforts to discriminate against minorities and preserve jobs for white people. Sometimes, I guess, policies do have their intended effects.

 

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Source: http://www.iea.org.uk/blog/mcdonalds-and-the-minimum-wage

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