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A $15 Minimum Wage - Effects and Historical Context
After several decades in which economic growth and productivity gains have not translated into wage growth for large segments of the labor force, policy makers are looking for strategies that can expand opportunity and raise wages for working people. One proposal in Massachusetts would set a minimum wage of $15 an hour for workers in fast food and big box retail businesses that have more than 200 employees.
MassBudget's new report A $15 Minimum Wage - Effects and Historical Context looks at recent changes in wage and productivity growth and examines the current minimum wage in light of those trends. It also examines who would be affected by proposed increases for fast food workers.
To read the full report, please click HERE.
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| The Massachusetts Budget and Policy Center (MassBudget) produces policy research, analysis, and data-driven recommendations focused on improving the lives of low- and middle-income children and adults, strengthening our state's economy, and enhancing the quality of life in Massachusetts. |
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