Not So Fast, CBO, on that Job Loss Claim About Raising the Minimum Wage

February 19, 2014

The Congressional Budget Office (CBO) released a report that raising the minimum wage to $10.10 would lift 900,000 Americans out of poverty. The report also projected that raising the wage to $10.10 would cost 500,000 jobs by 2016. AFL-CIO President Richard Trumka condemned the projection of job losses.

Previous Article
Sutter Nurses, Sports Broadcasters and More Join AFL-CIO Unions
Sutter Nurses, Sports Broadcasters and More Join AFL-CIO Unions

...

Next Article
AFL-CIO Executive Council Calls for Commitment to Broad-Based Wage Growth, Ending Job Export, Stopping Fast Track and More
AFL-CIO Executive Council Calls for Commitment to Broad-Based Wage Growth, Ending Job Export, Stopping Fast Track and More

The AFL-CIO Executive Council adopted several policy statements addressing wage...