(Source: Matt Cowgill)
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Chart of the Day: Minimum Wage vs. Unemployment Rate, Across Industrialized Countries
(Source: Matt Cowgill)
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Last reply was March 22, 2013
[…] LookTheMoneyIllusionMarginal RevolutionEconomist's ViewMacroMania I snagged this from Trading 8s. ”This” is a chart showing a regression in U/E as M/W increases in various OECD […]
What happens when you add in all the countries? Or different ones?
It’s so scattered and there are so many factors affecting unemployment I’m not sure how this is useful.