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Achilles Tang4/05/2011 9:54:30 am PDT

re: #251 Aceofwhat?

In a related vein, this is an interesting post i stumbled across last month. Jobs lost to min-wage increases? Personally, i’m not convinced that the entire loss is due to increases in the minimum rate, but the raw numbers are interesting.

There is nothing in there that actually argues that the loss is BECAUSE of the minimum wage.

Seems to me to be perfectly logical that minimum wage jobs will be the first to go in a recession. Less need to clean hotel rooms. Less restaurant business. Less janitorial needs. Less fast food purchases, less simple assembly line in manufacturing and so on.