Wicks-Lim Interviewed by NPR on Minimum Wage Increases

Research

Jeannette Wicks-Lim, PERI, was recently interviewed by NPR about minimum wage increases that went into effect in 22 states. Wicks-Lim notes that her research shows that raising the federal and state minimum wage to $15 or $17 per hour can be reasonably absorbed by businesses. 

"What's been proposed, what's been debated in legislatures really are modest increases. And while $17 or $15 might sound large, it's because $7.25, that federal minimum wage, has been languishing for so long. But its wage floor at those levels, $15 or $17, I think can reasonably be absorbed by businesses without some huge shock to their profits." 

 

Article posted in Research for Faculty , Staff , Current students , and Alumni

Featuring

Jeannette Wicks-Lim

Jeannette Wicks-Lim

Research Professor, Political Economy Research Institute (PERI)

Jeannette Wicks-Lim studies labor economics with an emphasis on the low-wage labor market and has an overlapping interest in the political economy of race. 

Jeannette Wicks-Lim