Economics, Econometrics and Finance
4 years ago

Minimum wage workers face high turnover and low wages, study finds.

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Southern Economic Journal
The Wage and Employment Dynamics of Minimum Wage Workers
William E. Even, David A. Macpherson

Paper Summary

Minimum wage workers often start or leave jobs more frequently than those earning higher wages. Changes in industry, job type, and training opportunities can help boost their pay. Some minimum wage workers earn less than they could because of personal reasons that make better-paying jobs less appealing.

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