The Show-Me Institute's latest essay explores the possible impact of increasing Missouri's minimum wage from the current $7.85 per hour to $12 per hour by 2023. Authors William Even and David Macpherson project that only about 19 percent of workers who would be affected by the increase are in families with incomes below the poverty line, and only about 10 percent are single parents.
In Missouri, a single parent employed full time at a minimum wage job will still be in poverty. Some see this as justification for raising the minimum wage, on the grounds that no one who works full-time should be in poverty. This argument has been part of the drive to raise the minimum wage, and that campaign has led to a minimum wage increase proposal on the statewide ballot for November.
On the last Monday of the legislative session, almost 90 people were arrested in downtown Jefferson City for blocking a street while protesting for economic and racial justice. The group identified itself as the Poor People’s Campaign, and one of its major goals is to raise the minimum wage.
On December 1, members of the Missouri General Assembly may begin prefiling legislation for consideration in the upcoming legislative session, which begins January 3, 2018. Not surprisingly, it looks like a bill will be put forward to increase the state’s minimum wage. As Missourinet reports, State Rep. Brandon Ellington (D) plans to offer such a bill. When Rep.
When the price of a thing goes up, people buy less of it. We experience this every day when buying groceries, gasoline or anything else. So why are people surprised when it applies to the labor market?
Dr. Michael Podgursky opened his presentation by reviewing the recently released Show-Me Institute video about the impact of the minimum wage in Saint Louis's Dutchtown neighborhood. He then spoke on the side-effects of the recent minimum wage increase in Saint Louis City and the impact it has on the workers it is intended to help. His slides are available below.