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Introduction of minimum wage in Germany did not increase unemployment

academic.oup.com

4 points by mrleiter 4 years ago · 1 comment

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josephcsible 4 years ago

> It also led to the reallocation of low-wage workers from smaller to larger [...] establishments.

So unemployment didn't change much because everyone who got laid off from the mom-and-pop corner stores going out of business got hired by Walmart?

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