Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

> Many of the people employed at very low wages have attributes which mean that they are not worth hiring at higher costs.

The whole article was about how that doesn't seem to be the case, empirically. When the minimum wage rises, the effect on employment is minimal, and people on minimum wage get paid more (they're not fired).



The data is in aggregate; I am talking about the impact on individuals.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: