“If you now average across all states and localities, the kind of weighted population average minimum wage is around $12.13… a high barrier for many employers.”
RB
Ryan Bourne
The Cato Weekly Podcast ·
Marquita Bradshaw · The International Risk Podcast · 408: Marquita Bradshaw
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cited the current federal minimum wage
$7.25 per hour
“If you now average across all states and localities, the kind of weighted population average minimum wage is around $12.13… a high barrier for many employers.”
“They introduced a $20 fast food specific minimum wage… a 25 percent pay hike… Jeff Clemens found 18,000 fewer jobs in that industry as a result.”
“Wage insurance… you lose your job and then you have to go to a lower wage job… that to me is a good use of wage insurance”
“We've also tokenized a bunch of our funds... that's actually like a much lower minimum, like some of these are like $500 minimums.”
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