Intro: | A federal minimum wage hike would eliminate hundreds of thousands of jobs in Missouri, a conservative policy foundation reports. |
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RunTime: | 0:34 |
OutCue: | SOC |
Wrap: A right-leaning think-tank reported that 190,000 Missouri jobs would be lost if a 15 dollar federal minimum wage passed by 2021.
The Heritage Foundation estimated that about 7 million jobs nationwide would be lost with a federal wage increase.
The report said that "Efforts to create jobs and reduce poverty should not center on forcing employers to pay higher starting wages."
While the effects a 15 dollar increase are not well-researched, a group of 600 economists wrote to Congress asking for a gradual increase to 10 dollars and 10 cents.
Reporting from Columbia, I'm Jack Morrisroe.