Minimum Wage Mandate in Biden’s Pandemic Relief Plan Estimated to Wipe Out 1.3 Million Jobs

By Ivan Pentchoukov President-elect Joe Biden’s plan for pandemic relief contains a $15 minimum wage mandate which Congress has estimated would lead to the loss of 1.3 million jobs. Biden introduced the minimum wage provision in a speech laying out his priorities for a tax-payer funded stimulus package to tackle the damage wreaked on the economy by […]

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