Higher Minimum Wage No Longer Regarded in US as Sure-Fire Job Killer

By Kim Chipman
Bloomberg

Monday 07 August 2006

Prominent economists of all ideological persuasions long believed that raising the US minimum wage would retard job growth, creating unintended hardship for those at the bottom of the ladder.

Today, that consensus is eroding, and a vigorous debate has developed as some argue that boosting the wage would pull millions out of poverty.