Economists' new research shows positive effects of minimum-wage increases

(PhysOrg.com) -- As various states consider minimum wage increases, and with Democratic Presidential nominee Barack Obama proposing that the minimum wage be increased and indexed to adjust for cost-of-living increases, researchers at the University of California, Berkeley's Institute for Research on Labor and Employment (IRLE) have found that such increases do benefit the lowest-paid workers and do not have negative effects on their employment.

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<p><a href="http://www.physorg.com/news136130859.html">Economists' new research shows positive effects of minimum-wage increases</a></p> <p>(PhysOrg.com) -- As various states consider minimum wage increases, and with Democratic Presidential nominee Barack Obama proposing that the minimum wage be increased and indexed to adjust for cost-of-living increases, researchers at the University of California, Berkeley's Institute for Research on Labor and Employment (IRLE) have found that such increases do benefit the lowest-paid workers and do not have negative effects on their employment. </p>