EDITORIAL: A growing body of evidence favors raising the minimum wage

SHARE EDITORIAL: A growing body of evidence favors raising the minimum wage
fight_for_e1536601016576.jpg

In this 2016 photo, “Fight for $15" members protest in Chicago

The evidence is stacking up: Raising the minimum wage does not kill jobs.

Opponents of a higher wage make that argument repeatedly, sounding the alarm in a desperate effort to squelch any idea of giving workers a tiny boost in pay so they can feed and clothe their kids a little easier on a bare-bones paycheck.

EDITORIAL

Shelling out an extra 25 or 50 cents will bankrupt companies, critics warn. Putting more money in workers’ pockets won’t help them when jobs disappear, they caution.

Nevertheless, 10 cities — including Chicago — and seven states have chosen in recent years to raise their minimum wage to a livable $12-to-$15 per hour. The University of Illinois at Urbana-Champaign, in a recent study on Chicago’s higher minimum wage, found no negative impact on jobs. Other studies have suggested mixed results.

Now the University of California at Berkeley has weighed in with a new study of wage increases for food service workers — a major low-wage industry — in six cities, including Chicago.

Lo and behold, the study found, jobs as well as wages went up, “in a pattern that suggests, if anything, that the minimum wage caused employment to expand,” the study states.

Why? Workers who earn more are less likely to quit and more likely to increase their spending — both of which, in the long run, means more people on the job, not fewer.

To our thinking, a more respectable minimum wage has never been more important, even if it is only a symbolic gesture toward the notion that something must be done to reduce a growing wage and wealth gap in the United States. The stock market has been booming, but because stock ownership is concentrated among richer people, it has increased economic inequality.

Last year, Illinois legislators approved a $15 minimum wage for the state, but Gov. Bruce Rauner vetoed the bill.

The argument for keeping the minimum at a paltry $8.25 just took another blow.

Send letters to letters@suntimes.com

The Latest
The men, 18 and 20, were in the 1800 block of West Monroe Street about 9:20 p.m. when two people got out of a light-colored sedan and fired shots. They were hospitalized in fair condition.
NFL
Here’s where all the year’s top rookies are heading for the upcoming NFL season.
The position has been a headache for Poles, but now he has stacked DJ Moore, Keenan Allen and Odunze for incoming quarterback Caleb Williams.
Pinder, the last original member of the band, sang and played keyboards, as well as organ, piano and harpsichord. He founded the British band in 1964 with Laine, Ray Thomas, Clint Warwick and Graeme Edge.