Raising the minimum wage hurts

 Minimum wage hurts!

Key Concludions:  (i) there is a clear preponderance of negative estimates in the literature; (ii) this evidence is stronger for teens and young adults as well as the less-educated; (iii) the evidence from studies of directly-affected workers points even more strongly to negative employment effects; and (iv) the evidence from studies of low-wage industries is less one-sided.

https://www.nber.org/system/files/working_papers/w28388/w28388.pdf