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Winners and Losers of the Minimum Wage Hike

Date: July 9, 2009
Author: Lisa Scherzer
QUOTE: Wage hikes are always controversial pitting employees against employers and triggering historical arguments over the legacy of trickle-down economics....But given the 26-year high unemployment rate and the fact that so many companies are hamstrung by the gloomy economic climate, some might see a mandatory wage increase as a setback in terms of hiring and pricing.

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