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Regional Economics

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Effects Of The Minimum Wage On U.S. Labor Markets, Dawn M. Otterby Aug 2023

Effects Of The Minimum Wage On U.S. Labor Markets, Dawn M. Otterby

Electronic Theses and Dissertations

The first section of this research investigates the impacts of the minimum wage on regional labor markets in the United States. Using ten years of county-level data, we examine the relationship between the minimum wage and several key components of the labor market. Following past research, employment variables are used to measure labor supply, but—as an extension to the literature—job postings data are included to measure labor demand. Consistent with previous studies, we find a positive relationship between labor force participation and a county’s minimum wage. We do not find a statistically significant relationship between job postings and the minimum …