Minimum Wage

February 18, 2014 - 3:35 PM
FILE - In this Nov. 7, 2013 file photo, Sen. Tom Harkin, D-Iowa speaks with reporters on Capitol Hill in Washington. Boosting the federal minimum wage as President Barack Obama and congressional Democrats are proposing would increase earnings for more than 16.5 million people by 2016 but also cut employment by roughly 500,000 workers, Congress' nonpartisan budget analyst said Tuesday. Harkin, author of the Senate legislation, cited other research concluding that a higher minimum wage would create jobs, not reduce them. (AP Photo/J. Scott Applewhite, File)