This November, Missouri voters will decide on a proposal to raise the state’s minimum wage to $13.75 in 2025 and $15 in 2026, with further annual increases tied to the Consumer Price Index. In his latest policy brief, The Minimum Wage in Missouri, Elias Tsapelas explores the potential economic effects of this proposed minimum wage hike. The brief highlights the unintended consequences that minimum wage increases can have on employment, income growth, and the broader economy, particularly for low-income and entry-level workers.
Download the full policy brief here.
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