The employment effect of the minimum wage is one of the most studied topics in all of economics. This report examines the most recent wave of this research roughly since 2000to determine the best current estimates of the impact of increases in the minimum wage on the employment prospects of low-wage workers. The weight of that evidence points to little or no employment response to modest increases in the minimum wage.
http://www.cepr.net/documents/publications/min-wage-2013-02.pdf
http://www.cepr.net/documents/publications/min-wage-2013-02.pdf
Right because basic economic principles that are taught on even the most liberal college campuses are wrong. Your cherry picked sources say so. Somehow you can just raise someone's pay above the market wage and there is no effect on hiring and unemployment. Who knew there was such a thing as a free lunch?
