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Tuesday, December 3, 2013

Employment

News                                                                                                                             
CNN Money | D.C. to vote on $11.50 minimum wage
The District of Columbia is set Tuesday to become the latest local government to move to raise the minimum wage.

Econ Comments & Analysis                                                                                            
Market Watch | How to increase unemployment
No one wants to boost the jobless rate, but, by advocating an increase in the minimum wage, many are opting for just that.
NY Post | Get ready for lies and Labor Department statistics
The Labor Department will release its latest unemployment data this Friday. But it won’t put a note in the news release saying that its jobless figures might have been fabricated.

Blogs                                                                                                                             
Heritage Foundation | Congress Has Already Raised the Minimum Wage Above $10
Congress will soon vote on raising the federal minimum wage to over $10 per hour. Few realize that, from the perspective of many employers, the government has already done this.
Economist | What sort of floor?
Around the world, momentum is building for increases in minimum wage rates. SeaTac, Washington, a Seattle suburb that is home to a large metropolitan airport, backed a $15 per hour minimum wage law last week.