Employment and the minimum wage are positively correlated.

Question

Quizplus · Accepted Answer

Empirical studies on the relationship between employment and minimum wage have shown mixed results, with some finding that increases in the minimum wage can lead to a decrease in employment for low-wage workers, while others find minimal to no effect. The correlation is not universally positive and can depend on various factors such as the economic environment, the level of the minimum wage relative to the median wage, and the specific demographics of the workers affected.

Employment and the Minimum Wage Are Positively Correlated