Dube: Raising minimum wage does not cause job loss

Arindrajit Dube

Arindrajit Dube, UMass Amherst economics professor, comments in a Wall Street Journal story about how businesses in states that are about to increase the minimum wage are looking for ways to cut costs.

According to Dube, there is no “‘evidence of any loss of employment or hours for the type of minimum-wage changes we have seen in the U.S. in the last 20 years’….Earlier this year, Mr. Dube and two colleagues used government data to compare employment figures in counties that border states with different minimum wages. If employers cut back on labor, it’s generally due to poor economic conditions, not pay requirements, Mr. Dube says.” (Wall Street Journal, 12/1/11)