A new Federal Reserve Bank of Minneapolis study is handing conservatives fresh ammunition in the minimum wage fight, with critics mocking the findings as obvious after researchers linked $15 wage hikes to job losses and reduced hours in Minneapolis and St. Paul. "Who could have possibly seen this coming," wrote RealClearInvestigations senior writer Mark Hemingway quipped on X in response to the study. The working paper found that the phased minimum wage increases in Minneapolis and St. Paul were associated with a decline in employment, along with reduced hours for some workers that could compl...
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