Town Hall: How to Destroy 2 Million Jobs

A $15 minimum wage has already destroyed hundreds of small businesses and many more jobs in cities like New York and San Francisco, and – as interest grows within state and local governments – it now threatens the livelihoods of millions of workers nationwide.

New research by my colleagues and me at the American Consumer Institute examines four major labor market policies – minimum wage hikes, predictive scheduling, mandatory paid leave and joint-employer regulations – and finds these labor regulations will lead to four million fewer jobs. The study estimates that half of these job losses will result as more jurisdictions adopt higher minimum wages.

You can read the full op-ed at Town Hall.

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