Starbucks is getting a whole lot of goodwill for its announcement that it will raise wages and give sick time and other benefits to employees, as it should. But the skeptic in me can’t help but see this as a desperate employee-marketing program in a period of intense labor pains.
University of Michigan-Flint economics professor Mark Perry explains the impact of the minimum wage increases (18 of them) that took place on January 1 in one simple lesson on the American Enterprise Institute’s Carpe Diem blog.
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