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...

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Veröffentlicht in:Regional science policy & practice Jg. 16; H. 5; S. 100008
Hauptverfasser: Otterby, Dawn, Crawley, Andrew, Gabe, Todd
Format: Journal Article
Sprache:Englisch
Veröffentlicht: Elsevier B.V 01.05.2024
Schlagworte:
job vacancies
local labor markets
minimum wage
local labor markets
R23
E24
J2
J3
job vacancies
minimum wage
ISSN:1757-7802, 1757-7802
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Beschreibung
Zusammenfassung: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