<P> Statistical meta - analysis conducted by Tom Stanley in 2005 in contrast found that there is evidence of publication bias in minimum wage literature, and that correction of this bias shows no relationship between the minimum wage and unemployment . In 2008 Hristos Doucouliagos and Tom Stanley conducted a similar meta - analysis of 64 U.S. studies on disemployment effects and concluded that Card and Krueger's initial claim of publication bias was correct . Moreover, they concluded, "Once this publication selection is corrected, little or no evidence of a negative association between minimum wages and employment remains ." </P> <P> The Congressional Budget Office (CBO) in 2014 estimated the theoretical effects of a federal minimum wage increase under two scenarios: an increase to $9.00 and an increase to $10.10 . According to the report, approximately 100,000 jobs would be lost under the $9.00 option, whereas 500,000 jobs would be lost under the $10.10 option (with a wide range of possible outcomes). The Center for Economic and Policy Research (CEPR) in contrast in 2013 found in a review of multiple studies since 2000 that there was "little or no employment response to modest increases in the minimum wage ." CEPR found in a later study that job creation within the United States is faster within states that raised their minimum wage . In 2014 the state with the highest minimum wage in the nation, Washington, exceeded the national average for job growth in the United States . Washington had a job growth rate 0.3% faster than the national average job growth rate . </P> <P> A 2012 study led by Joseph Sabia estimated that the 2004 - 6 New York State minimum wage increase (from $5.15 to $6.75) resulted in a 20.2% to 21.8% reduction in employment for less - skilled, less - educated workers . Similarly, a study led by Richard Burkhauser in 2000 concluded that minimum wage increases "significantly reduce the employment of the most vulnerable groups in the working - age population--young adults without a high school degree (aged 20 - 24), young black adults and teenagers (aged 16 - 24), and teenagers (aged 16 - 19)." </P> <P> The Economist wrote in December 2013 in sum that: "A minimum wage, providing it is not set too high, could thus boost pay with no ill effects on jobs...Some studies find no harm to employment from federal or state minimum wages, others see a small one, but none finds any serious damage...High minimum wages, however, particularly in rigid labour markets, do appear to hit employment . France has the rich world's highest wage floor, at more than 60% of the median for adults and a far bigger fraction of the typical wage for the young . This helps explain why France also has shockingly high rates of youth unemployment: 26% for 15 - to 24 - year - olds ." </P>

What is the current minimum wage in the us