Overall, most economists agree that moderate increases in the minimum wage do not result in job losses. ![]() Inside-monopsony-ib Download this Issue Brief In many of these communities the so-called “Fight for $15” movement, led predominantly by fast-food restaurant workers seeking to raise local minimum wages to that level, is spurring policymakers to consider the economic merits and possible adverse effects of such a policy move. OverviewĪcross the United States, policymakers in states and cities are grappling with a groundswell of public support for higher local minimum wages as well as other improvements in labor standards, among them better health care and paid sick leave for employees. Workers prepare for lunch in a San Francisco restaurant kitchen.
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