From Carolina Journal Radio Program No. 703: Some left-of-center politicians and pundits are advocating a $15 per hour government-mandated minimum wage. Academic studies suggest such a mandate could cost North Carolina more than 330,000 jobs. Jon Sanders, the John Locke Foundation’s director of regulatory studies, says teenagers, the poor, and the least-skilled workers would face the most harmful impacts. He shares the results of his research into the topic.
Boosting minimum wage to $15 could cost N.C. 330,000 jobs
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