Is The Evidence In On Minimum Wage?
MichaelW on Jun 09 2008 | Filed under: Domestic Politics, Economics, Media, MichaelW's Page, energy, regulation
When the most recent unemployment numbers were released, the media bleated about the highest percentage increase in the jobless rate since 1986. For example, The New York Times lamented:
The unemployment rate surged to 5.5 percent in May from 5 percent, the largest monthly spike in more than two decades, as the economy shed [...]