Last quote by Jared Bernstein
Jared Bernstein quotes
We're already north of 70 percent. We can't do that again.
It's more of a Goldilocks story. You've got wage growth percolating, you've got a trend of about 150K – we'd like to see more – but that does keep you on the path to full employment.
It is smart to adjust minimum wage levels with some sensitivity to local prices. There is a reason why $15 makes more sense in San Francisco than in Mississippi.