The movement to raise the federal minimum wage has become ever more ambitious. In 2013 proponents deemed $9 an hour acceptable; today the demand is for $15.

Economists point to a crucial question: Will a higher minimum wage reduce the number of jobs for the country’s least skilled workers? President Obama says “there is no solid evidence that a higher minimum wage costs jobs.” On the contrary, a full and fair reading of the evidence shows the opposite. Raising the minimum wage will cost jobs, particularly those held by the least-skilled.

Economists have written scores of papers on the topic dating back 100 years, and the vast majority of these studies point to job losses for the least-skilled. They are based on fundamental economic reasoning—that when you raise the price of something, in this case labor, less of it will be demanded, or in this case hired.

Read the article “The Evidence Is Piling Up That Higher Minimum Wages Kill Jobs” on google.com.