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Inland Empire Outlook Fall 2013 Issue

Page 13

Page 13

We forecast that the minimum wage increase will lead to employment decreases for teenagers in the Inland Empire and in California. The timing of this increase -- during the current phase of the business cycle where employment growth has been uncharacteristically slow when compared to previous recoveries – is particularly damaging. Even if the pace of job creation picks up, employment for teenagers will not recover quickly as a result of the hikes. Labor saving technologies will threaten many of the jobs that teenagers currently occupy, further depressing teenage employment.

Photo Credit: NAS Oceana

INLAND EMPIRE OUTLOOK | 13


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Inland Empire Outlook Fall 2013 Issue by Rose Institute, CMC - Issuu