So low wage workers are getting cut but unemployment is still at 3.2%? Which is ~1.5% lower than the national average?
Kind of sounds like this study might be looking at only half the story.
Kind of sounds like this study might be looking at only half the story.
Minimum wage workers are usually the lowest skilled workers in the economy. When they're displaced they have the fewest alternative jobs available to them, so they tend to drop out of the labor force. Either temporarily, while they go and learn new skills, or permanently.