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Goss: Minimum wage increase would have negative employment impact

posted on December 13, 2013

Economist Ernie Goss says a federal minimum wage increase would have some negative employment impact in the short term. He says the most important thing would be to close the gap between the incentive to work and the incentive not to work, since some unemployed people receive more in benefits than they might make with a minimum wage job.

Tags: economy Ernie Goss government Iowa minimum wage news politics unemployment