Teens, Minimum Wage, and Higher Unemployment

The Corner reports:

the Employment Policies Institute, which concluded that the minimum wage increases between 2007 to 2009 (when the federal minimum wage jumped from $5.15 to $7.25) had lead to 114,000 fewer teens finding jobs. Heritage Foundation labor policy expert James Sherk estimated last year that for every 10 percent hike in minimum wage, there is a 2 percent decline in teen employment.

The minimum wage is a barrier to entry.