From Economic Policy Journal:
As if there wasn't enough unemployment in the country, Jared Bernstein, who was the Chief Economist and Economic Adviser to Vice President Joe Biden, executive director of the White House Task Force on the Middle Class, and a member of President Obama's economic team, is calling for a hike in the minimum wage from its current federal level of $7.25 to the $9.00-$10.00 range.
... Here's what Bernstein wrote today under the headline, The Minimum Wage: Time to Start Working On the Next Increase:
I've always thought the national minimum wage is a lot more important than most people tend to think. By definition, it...
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More on unemployment:
A closer look at today's "strange" jobs report
This could be the scariest chart in all of Europe
These facts show the U.S. gov't is actively making unemployment worse