The literature that is growing whether raising the minimum wage can help to save everyday lives, explained.
“Fight for $15” protesters at Los Angeles Airport Terminal. Frederic J. Brown/AFP via Getty Images
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The data that minimum wage regulations enhance wages for employed individuals is pretty solid at this time. But four present studies recommend another effect that is crucially important they may conserve life, too.
The modern of this papers, authored by John Kaufman, Leslie Salas-Hernandez, Kelli Komro, and Melvin Livingston within the Journal of Epidemiology and Community wellness, examined monthly data over the United States from 1990 to 2015 and estimated that a $1 rise in the minimum wage generated a 3.4 to 5.9 per cent decrease in suicides among grownups by having a senior high school training or less. The authors also estimated that on the 26-year duration, a $1 boost in each state’s minimum wage may have prevented 27,550 committing committing committing suicide fatalities, or just around 1,059 each year.
The paper has established a bit of a stir. Nonetheless it’s one of four studies into the couple that is past of to get a link between higher minimal wages and lower death rates (particularly suicides). (more…)