(Source: Online Athens)
Raising the minimum won’t raise people out of poverty, according to a new study by a University of Georgia professor.
Since half of working-age poor people don’t work and most low-wage workers aren’t part of poor families, a higher minimum wage won’t do much to help improve the 15 percent poverty rate in the U.S., acccording to Robert Nielsen, an assistant professor of houseing and consumer economics.
“By and large, evidence says that minimum wage increases don’t go to the people they are intended to help and that there are other policy tools that are more effective at helping the working poor,” Nielsen said in a news release. (more…)