Effects of the minimum wage on US county labor markets

This study investigates the impacts of the minimum wage on U.S. regional labor markets. Using ten years of county-level data, we examine the relationship between the minimum wage and several key components of the labor market. Following past research, the number of people in the labor force is used...

Full description

Saved in:
Bibliographic Details
Published in:Regional science policy & practice Vol. 16; no. 5; p. 100008
Main Authors: Otterby, Dawn, Crawley, Andrew, Gabe, Todd
Format: Journal Article
Language:English
Published: Elsevier B.V 01.05.2024
Subjects:
ISSN:1757-7802, 1757-7802
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:This study investigates the impacts of the minimum wage on U.S. regional labor markets. Using ten years of county-level data, we examine the relationship between the minimum wage and several key components of the labor market. Following past research, the number of people in the labor force is used to measure labor supply, but—as an extension to the literature—job postings data are included to measure labor demand. Consistent with previous studies, we find a positive relationship between labor force participation and a county’s minimum wage. The results are mixed, however, when examining the effects of the minimum wage on job postings.
ISSN:1757-7802
1757-7802
DOI:10.1016/j.rspp.2024.100008