Minimum Wage Texas 2024 Impact On Economy

Minimum Wage Texas 2024 Impact On Economy. Does a rise in the minimum wage lead to higher unemployment?. Under the default policy based on the raise the wage act of 2023, the minimum hourly wage is $9.50 in 2024, $11.00 in 2025, $12.50 in 2026, $14.00 in 2027,.

While the intention is to provide fair compensation. Does a rise in the minimum wage lead to higher unemployment?.