https://en.wikipedia.org/wiki/Minimum_wage#Statistical_meta-analyses
US movement[edit]
Main article: Minimum wage in the United States
Protest calling for raising the Minneapolis minimum wage to $15/hour. 12 September 2016
In January 2014,
seven Nobel economists—Kenneth Arrow, Peter Diamond, Eric Maskin, Thomas Schelling, Robert Solow, Michael Spence, and Joseph Stiglitz—and 600 other economists wrote a letter to the US Congress and the US President urging that, by 2016, the US government should raise the minimum wage to $10.10. They endorsed the Minimum Wage Fairness Act which was introduced by US Senator Tom Harkin in 2013.[174][175] U.S. Senator Bernie Sanders introduced a bill in 2015 that would raise the minimum wage to $15, and in his 2016 campaign for president ran on a platform of increasing it.[176][177] Although Sanders did not become the nominee, the Democratic National Committee adopted his $15 minimum wage push in their 2016 party platform.[178]
Reactions from former McDonald's USA Ed Rensi about raising minimum wage to $15 is to completely push humans out of the picture when it comes to labor if they are to pay minimum wage at $15 they would look into replacing humans with machines as that would be the more cost-effective than having employees that are ineffective. During an interview on FOX Business Network’s Mornings with Maria, he stated that he believes an increase to $15 an hour would cause job loss at an extraordinary level. Rensi also believes it does not only affect the fast food industry, franchising he sees as the best business model in the United States, it is dependent on people that have low job skills that have to grow and if you cannot pay them a reasonable wage then they are going to be replaced with machines.[179]
In late March 2016, Governor of California Jerry Brown reached a deal to raise the minimum wage to $15 by 2022 for big businesses and 2023 for smaller businesses.[180]
In contrast, the relatively high minimum wage in Puerto Rico has been blamed by various politicians and commentators as a highly significant factor in the Puerto Rican government-debt crisis.[181][182][183] One study concluded that "Employers are disinclined to hire workers because the US federal minimum wage is very high relative to the local average".[184]
As of December 2014, unions were exempt from recent minimum wage increases in Chicago, Illinois, SeaTac, Washington, and Milwaukee County, Wisconsin, as well as the California cities of Los Angeles, San Francisco, Long Beach, San Jose, Richmond, and Oakland.[18