Date: 2012-11-05 12:03:10

Economics

Minimum wage

Human resource management

Socioeconomics

Ethics

Unemployment

Employment

Wage

Labour economics

Labor economics

Macroeconomics

Employment compensation

“Minimum-Wage Rates” by Milton Friedman Newsweek, 26 September 1966 ©The Newsweek/Daily Beast Company LLC Congress has just acted to increase unemployment. It did so by raising the legal minimum-wage rate from $1.25

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