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Evidence suggests that, compared to Wisconsin, Minnesota’s minimum wage hikes have cost restaurant jobs and lowered youth employment

In terms of a 'Border Battle', Minnesota's minimum wage hikes have raised wages for some workers relative to Wisconsin, but they have also lead to less employment in restaurants and less employment for young workers. As St. Paul considers instituting a $15ph minimum wage, with restaurant workers at the forefront, this should make them think again. A minimum wage of $15ph might work out at $0ph. ...

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Teens need foundation formed from entry-level, summer jobs

Data from the Bureau of Labor Statistics shows that the employment-participation rate for 16- to 19-year-olds in Minnesota fell from 69.8 percent in 2000 to 52.3 percent in 2016, a decline of 17.5 percentage points. Over the same period, the participation rate for all workers over 16 fell by just 3.9 percentage points, from 75.1 percent to 71.2 percent. Improving Minnesota's poor recent record on youth employment — a nationwide phenomenon — would have real benefits. It would help alleviate the "labor shortage," and it would enable the workers of tomorrow to begin acquiring the skills they need....

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Minnesota needs to improve its poor recent record on youth employment

The participation rate for 16 to 19 year olds in Minnesota has fallen from 69.8% in 2000 to 52.3% in 2016, a fall of 17.5 percentage points. Improving this recent record on youth employment-which is a nationwide phenomenon-would have real benefits. It would help alleviate the 'labor shortage' and it would enable the workers of tomorrow begin acquiring the skills they need. ...

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Happy 34th birthday to Ghostbusters, the greatest pro-free market movie ever made

June 8th, 1984. Billy Gardner's Twins lost 6-1 at Comiskey Park. ABC was putting repeats of Benson and Webster up against a repeat of the Dukes of Hazzard on CBS. The Celtics beat the Lakers 121-103. Merie Earle, famous for playing Maude Gormley in The Waltons, was on Johnny Carson. Let's Hear It for the Boy by Deniece Williams was enjoying its final day at the top of the Billboard Hot 100. Ronald Reagan was in the White House. The economy was starting to boom. The Soviet Union was down to its last superannuated apparatchik. It was also the day the Ghostbusters first appeared on movie screens across the United...

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Meet robot Ronald McDonald

Faced with wage hikes, one way employers can respond is by switching to use capital instead of labor inputs. As prices of machines fall and their reliability increases, this becomes ever more viable, as McDonald's plan to add self-order kiosks to 1,000 stores each quarter demonstrates. Hiking minimum wages in this environment is more harmful than usual. ...

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Minimum wages – My life in fast food

My first minimum wage job in a pizza restaurant at the age of 16 taught me the most basic, important skill of all: getting my behind out of bed in the morning. And it showed me the freedom that came from earning my own money. These are things that you carry with you for the rest of your working life. By ignoring economics and passing harmful minimum wage hikes, we are denying these lessons to young, lower skilled workers....

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A $15ph minimum wage would hit St. Paul Parks and Rec hardest

There is a persistent notion among supporters of minimum wage hikes that they represent a ‘free lunch’. They argue that big businesses, awash with cash, are paying their workers less than a ‘living wage’. All a minimum wage hike will do, they say, is switch money from rich capitalists who already have enough to poor workers who don’t. We've seen, on the contrary, that it will be St. Paul's smaller businesses who will be most harmed. And now we see that the city government will get hit. Get ready for them to dig a little deeper into your pocket....

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New employment data shows that Minnesota has the second highest unemployment rate in the region

Today sees the release by the Bureau of Labor Statistics of its estimates of Metropolitan Area Employment and Unemployment. These can be a useful way to compare economic performance. Minnesota’s economy differs from those of neighbors such as Iowa and North Dakota, even Wisconsin. As a result, comparisons of state level data are of limited use. This variation, while still present, is a little less pronounced between urban areas. So what did the BLS data show?...

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