University of Minnesota study shows optimism for $15 minimum wage in Minneapolis
A new study by University of Minnesota researchers, which suggests that a minimum wage increase would have miniscule negative impacts on the city, has left some officials divided.
At a city meeting last week, a research team from the Universitys Humphrey School of Public Affairs presented findings that a $15 per hour minimum wage would help low-earning workers and bring few negative effects. City officials met the report with mixed reactions and some skepticism.
The Humphrey Schools Roy Wilkins Center for Human Resources and Social Justice worked to simulate a potential wage bumps impact after the City Council commissioned the study.
According to the study, a $15 minimum wage in Minneapolis would help as many as 71,000 low-wage workers around 23 percent of the citys workforce by 2021.
Read more: http://www.mndaily.com/article/2016/10/u-study-shows-optimism-for-15-minimum-wage