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Title: Buckeye Institute Analysis Finds Nearly 18,000 West Virginians Would Lose Jobs Under D.C. Imposed $15 Minimum Wage
Citation Type: Miscellaneous
Publication Year: 2021
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Abstract: On Thursday, The Buckeye Institute released an analysis using data from the non-partisan Congressional Budget Office (CBO) to estimate the impact of a $15 an hour minimum wage proposal included in the Raise the Wage Act of 2021. The analysis found that nearly 18,000 West Virginia workers would lose their jobs if the federal wage hike is imposed (see the chart below or download a PDF). “While some will see their wages increase, The Buckeye Institute’s analysis shows that nearly 18,000 West Virginians would lose their jobs if this misguided wage increase is imposed by Washington, D.C.,” said Logan Kolas, an economic policy analyst with the Economic Research Center at The Buckeye Institute who conducted the analysis. “West Virginia cannot afford these job losses and Senator Joe Manchin is right to oppose this attempt to forcibly raise wages to $15 dollars an hour. The better policy is to leave minimum wage decisions to the states to ensure that local economies can grow, create more jobs, and hire more workers.”
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Publisher: The Buckeye Institute
Data Collections: IPUMS USA
Topics: Poverty and Welfare, Work, Family, and Time
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