Teens Hit Hard by Minimum Wage Rise:...
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Teens Hit Hard by Minimum Wage Rise: The U.S. Chamber of Commerce said nearly 500,000 minimum-wage jobs, most of which had been held by teen-agers, have disappeared since April, when the federal government raised the minimum wage. “Employers are hiring fewer people and squeezing more work out of the workers they have,” said economist Martin Lefkowitz, who works for an education and research affiliate of the chamber. Using Labor Department employment data, the chamber found that about 489,000 minimum-wage jobs disappeared when the minimum was raised to $3.80 from $3.35 an hour, Lefkowitz said.
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