Minimum Wage Hikes Kill Jobs: Ask This Arizona City

CNS News reports:

Although the Great Recession ended nearly eight years ago, wages have not taken off as in previous recoveries. The sluggish growth in wage rates has sparked calls at the federal, state, and local levels to raise minimum wages.

But such top-down, one-size-fits-all government mandates have a sad history of producing unintended consequences—lost jobs, fewer work hours, and higher consumer costs.

History now seems poised to repeat itself in Flagstaff, Arizona, where the new year ushered in an $11 per hour minimum wage. That’s $1 above the state minimum and $3.75 above the federal standard.

Limiting the supply of labor really does create unemployment.