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Boosting the federal minimum wage as President Barack Obama and congressional Democrats are proposing would increase earnings for more than 16.5 million people by 2016 but also cut employment by roughly 500,000 jobs, Congress' nonpartisan budget analyst said yesterday.

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BETSEY STEVENSON

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abtest

Budget office: Wage hike would lift pay, cost jobs

By Alan Fram | February 19, 2014 - 7:04am

Boosting the federal minimum wage as President Barack Obama and congressional Democrats are proposing would increase earnings for more than 16.5 million people by 2016 but also cut employment by roughly 500,000 jobs,...

World