Jobs, the Minimum Wage, and Unemployment Insurance

Email a Friend
From New York Times , and
The Dow posted its highest closing since last November, topping the 9000 mark for the first time since January. And the minimum wage goes up today from $6.25 to $7.25. But some say this will create more joblessness, pushing the nation’s unemployment-insurance system into a severe and long-term test. To talk about all of this is Peter Morici, economist and business Professor at the University of Maryland, and Jason DeParle, a reporter for The New York Times.