MainStreet Macro

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MainStreet Macro: Impact of minimum wage

As Inflation cools to 6.5% in the last month, economists are looking at wages and examining whether minimum wage has been keeping up with the cost of living. In this episode of MainStreet Macro, ADP Chief Economist Nela Richardson shares some little-known facts about the minimum wage and its impact on the labor market. For more insights, go to https://www.adpri.org.