50 Years of Research on the Minimum Wage. Proves the following:

* The minimum wage reduces employment.
* The minimum wage reduces employment more among teenagers than adults.
* The minimum wage reduces employment most among black teenage males.
* The minimum wage helped South African whites at the expense of blacks.
* The minimum wage hurts blacks generally.
* The minimum wage hurts the unskilled.
* The minimum wage hurts low wage workers.
* The minimum wage hurts low wage workers particularly during cyclical downturns.
* The minimum wage increases job turnover.
* The minimum wage reduces average earnings of young workers.
* The minimum wage drives workers into uncovered jobs, thus lowering wages in those sectors.
* The minimum wage reduces employment in low-wage industries, such as retailing.
* The minimum wage hurts small businesses generally.
* The minimum wage causes employers to cut back on training.
* The minimum wage has long-term effects on skills and lifetime earnings.
* The minimum wage leads employers to cut back on fringe benefits.
* The minimum wage encourages employers to install labor-saving devices.
* The minimum wage hurts low-wage regions, such as the South and rural areas.
* The minimum wage increases the number of people on welfare.
* The minimum wage hurts the poor generally.
* The minimum wage does little to reduce poverty.
* The minimum wage helps upper income families.
* The minimum wage helps unions.
* The minimum wage lowers the capital stock.
* The minimum wage increases inflationary pressure.
* The minimum wage increases teenage crime rates.
* The minimum wage encourages employers to hire illegal aliens.
* Few workers are permanently stuck at the minimum wage.
* The minimum wage has had a massive impact on unemployment in Puerto Rico.
* The minimum wage has reduced employment in foreign countries.

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