Raising the minimum wage to $15 an hour will bring dignity and respect to 2.2 million

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“Raising the minimum wage to $15 an hour will … bring dignity and respect to 2.2 million people, many of whom have been forced to live in poverty for too long,” said Governor Andrew Cuomo. Between 135,000 and 200,000 workers will see their hourly wage rise gradually to $15 by the end of 2018 in New York City and by 2021 in the rest of the state.


On a graph of the market for fast-food workers, show the effect of the $15 an hour minimum wage on employment of fast-food workers.


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Foundations of Macroeconomics

ISBN: 978-0134492001

8th edition

Authors: Robin Bade, Michael Parkin

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