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Study: $10.10 per hour would lift 5 million from poverty

CBS MoneyWatch reports:

Dube’s study, released Monday, finds that an hourly minimum wage of $10.10 would reduce the poverty rate among non-elderly Americans by 1.7 percent, pulling 4.6 million people above the poverty rate. After adding in longer-term effects of such a wage increase, that would rise to 6.8 million Americans pulled from poverty, he writes.

Source: Study: $10.10 per hour would lift 5 million from poverty || CBS MoneyWatch

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