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Keyword: minimumwagelaws

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  • Walter Williams: Minimum wage hurts black youth

    12/16/2009 4:06:03 PM PST · by george76 · 9 replies · 602+ views
    Orange County Register ^ | December 16, 2009 | WALTER E. WILLIAMS
    the devastating effects of minimum wage laws ... Today's overall teenage (16-19) unemployment rate, at 25 percent, is the highest since World War II. Black teenage unemployment, at 50 percent, is also the highest since World War II. How do you think the Reverends Jackson and Sharpton would explain the unemployment difference between black and white teens? You can bet the rent money they would say: It's racial discrimination. Let's investigate. Was racial discrimination in 1948 greater or less than racial discrimination today? In 1948, the unemployment rate for white 16-17 year olds was 10.2 percent while that for blacks...