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The California Job-Killer That Wasn't
The state raised the minimum wage for fast-food workers—and employment kept rising. So why has the law been proclaimed a failure?
“The bulk of the studies conducted in the last 30 years suggest the effect of minimum wages on jobs is quite modest,” Arindrajit Dube, an economist at the University of Massachusetts at Amherst who has conductedmultiple meta-analyses of the minimum-wage literature, told me. But as the anonymous blogger Invictus and the Los Angeles Times columnist Michael Hiltzik have pointedout, the fast-food industry always sheds jobs during the fall and winter months, simply because people go out to eat less. According to “seasonally adjusted” employment numbers, which are widely considered more reliable because they account for these regular ups and downs, California’s fast-food industry gained more than 5,000 jobs during the period in question.
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