Economists weigh impacts of Glendale's minimum wage measure for hospitality workers
Increased minimum wage could result in fewer job openings and increased prices, says an ASU economist.
In this story published Sept. 14, 2024, in The Arizona Republic:
The fact that workers then have more money to spend is indeed a boost to the economy but not likely a big enough boost to offset the negatives.
– Dennis Hoffman, professor of economics and director of the Seidman Research Institute and ASU's Office of the University Economist
Latest news
- Calling all business leaders: Connect, collaborate, and grow at W. P. Carey Partner Day
Corporate decision-makers are invited to this inaugural ASU event to engage with industry…
- What is opportunity cost?
ASU economics expert explains the key differences between opportunity and sunk costs, two…
- What are economic indicators?
ASU economics expert explains how policymakers use statistics and economic indicators to…