newkid2713 newkid2713

25-04-2024
Business

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Let's talk about the minimum wage and unemployment. In 2021, the minimum wage in New York wais $12.50, whereas in Ohio, it was $8.80. In March 2021, the unemployment rate in New York was 8.5, and in Ohio, it was 4.7. Does this mean that the higher the minimum wage, the high the unemployment rate?

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