Minimum Wage Texas 2024 Impact On Employment

Minimum Wage Texas 2024 Impact On Employment. In the absence of action at the national level, many states and. In this report, cbo examines how increasing the federal minimum wage to $10, $12, or $15 per hour by 2025 would affect employment.

Dwelling into the finer details. Using three separate state panels of administrative employment data, we find that the minimum wage reduces job growth over a period of several years.