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Apr 18

UC Berkeley Forced to Cut 500 Jobs After $15 Minimum Wage Hike

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More than 100 peer-reviewed studies have found that increasing (or establishing) a minimum wage law causes higher unemployment.

Unemployment, in turn, is correlated with a number of measures of social ills, including increased suicide rates, rates of first admission to mental health facilities and rates of alcoholism.

Now, just weeks after the State of California imposed a $15 per hour minimum wage, UC, Berkeley has been forced to cut 500 jobs. See here.