However, authors found that the lack of employment responses masks some important structural shifts in the economy: the minimum wage led to a reallocation of workers from smaller to larger, from lower-paying to higher-paying and from less- to more-productive establishments.
However, this argument defies reality.
However, the studies found wider variation, from 0 to over 3 percent, in their estimates for the effect on teenage unemployment teenagers without a job and looking for one.
The sluggishness of overall wage growth is concealing the fact that the labor market has done wonderful things for wages at the low end.
However, using a different methodology, Stanley concluded that there is evidence of publication bias and that correction of this bias shows no relationship between the minimum wage and unemployment.
The Quarterly Journal of Economics.