SubscribeA new report released today, national Food Day 2012, says that a proposal pending in Congress to raise the minimum wage would increase retail food prices for American consumers by about 10 cents a day, while helping nearly 8 million food workers and 21 million other workers. Campus celebrates Food Day.
Tag: minimum wage
Report: Minimum-wage hike would raise food prices just pennies
October 24, 2012:
Walmart ‘living-wage’ standards would barely impact shoppers, study finds
April 18, 2011:
If Walmart were to institute a $12 per hour minimum wage for its workforce, it would provide substantial benefits to low-income employees, while retail prices to pay for it could be dispersed among millions of consumers across the income spectrum, says a new study from the UC Berkeley Labor Center.
Minimum wage hikes don’t eliminate jobs, study finds
December 1, 2010:
Increasing the minimum wage does not lead to the short- or long-term loss of low paying jobs, according to a new study co-authored by UC Berkeley economics professor Michael Reich and published in the November issue of the journal The Review of Economics and Statistics.
