Press Release Archive (Page 88)

  • Sen. Kerry’s Minimum Wage Hike Is Inefficient Way To Help Working Poor

    July 2004

    As presidential hopeful John Kerry and Senator Ted Kennedy push to increase the minimum wage to $7.00 an hour, a new study conducted by Cornell University economics professor Richard Burkhauser and Dr. Joseph Sabia find that a 36 percent increase in the wage floor will only serve to decrease employment opportunities for entry-level employees—particularly the low-skill employees minimum wage hikes are intended to help—without providing […]
  • Sen. Kerry’s Minimum Wage Plan Hurts Already Struggling Employees: NULL

    June 2004

    While our nation continues to produce jobs at a fast pace, low-skill entry-level employees face crippling unemployment rates. Today the Employment Policies Institute (EPI) unveiled a new website, www.gatewayjobs.com, which highlights the crisis in entry-level employment. Senator John Kerry’s recent proposal to increase the minimum wage to $7.00-an-hour will further hurt those individuals already struggling to find jobs. Groups of traditional entry-level […]
  • Sen. Kerry’s Minimum Wage Plan Hurts Already Struggling Employees

    June 2004

    While our nation continues to produce jobs at a fast pace, low-skill entry-level employees face crippling unemployment rates. Today the Employment Policies Institute (EPI) unveiled a new website, www.gatewayjobs.com, which highlights the crisis in entry-level employment. Senator John Kerry’s recent proposal to increase the minimum wage to $7.00-an-hour will further hurt those individuals already struggling to find jobs. Groups of traditional entry-level […]
  • Sen. Kerry vs. Nobel Prize Economists

    June 2004

    Washington – While John Kerry calls for a 36% increase in the minimum wage, the majority of economic research, including the statements of five Nobel Prize-winning economists, continue to show that raising the minimum wage is a dangerous political ploy that will only serve to make life harder for the nation’s least skilled employees. “Leading economists such as Federal Reserve Chairman Alan Greenspan and […]
  • Sen. Kerry vs. Nobel Prize Economists

    June 2004

    Washington – While John Kerry calls for a 36% increase in the minimum wage, the majority of economic research, including the statements of five Nobel Prize-winning economists, continue to show that raising the minimum wage is a dangerous political ploy that will only serve to make life harder for the nation’s least skilled employees. “Leading economists such as Federal Reserve Chairman Alan Greenspan and […]
  • Minimum Wage Hikes Result in Job Loss for Affected Employees: NULL

    April 2004

    Washington – Decades of economic research, including some dating back to the FDR administration, prove that an increase in the minimum wage leads to overall job loss for affected employees, particularly the least skilled. So reported Craig Garthwaite in testimony today before the U.S. House Subcommittee on Workforce, Empowerment and Government Programs on the economic effects of minimum wage increases. “The most damaging effect is […]