The economic impact of raising the minimum wage

It looks likely that the minimum wage will be raised to $9.50 in Minnesota during this legislative session.

Hundreds of thousands of Minnesotans would see a raise, but some rural lawmakers in both parties say they worry about the effect on small town employers.

Economist Louis Johnston, from the College of Saint Benedict and Saint John's University, discussed the economic impact of raising the minimum wage with Morning Edition host Cathy Wurzer.

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