Evidence Mounts: Minimum Wage Hikes Cost Jobs
The American Interest
The evidence continues to mount that minimum wage hikes have economic costs: A Federal Reserve Bank of San Francisco review paper recently found that minimum wages had “directly reduced the number of jobs nationally by about 100,000 to 200,000.”
For poverty, work is more important than wages, but only half of American adults work full-time
Angela Rachidi, AEI Ideas
Although the US Bureau of Labor Statistics (BLS) remains the go-to source for employment-related data (such as that released today), each month Gallup reports the “Gallup Good Job” metric. It reflects the percentage of adults aged 18 or older who work full-time (more than 30 hours per week) for an employer.
Most Americans say religion doesn’t cause violence, but rather that violent people use religion to justify their actions.
How Should Christians Approach Social Entrepreneurship?
Baylee Malloy, Institute for Faith, Work, and Economics
According to some, “social entrepreneurship” is a redundant term because all businesses are “social.” Businesses create jobs, goods, and services, and thus contribute to overall social prosperity.