Via Jason Clemens on Facebook:
Some folks have asked for references regarding my comments earlier today about the fact that hiking the minimum wage will not by and large benefit low-income households. This is the first of several FB posts with references. This first post is to an academic article that appeared in the journal Canadian Public Policy. The researchers used Stat Can data to profile households with members earning the minimum wage. The results were in line with previous reports that show the majority of minimum wage earners are young people living at home. Here's a key finding from the abstract:
"First, over 80 percent of low wage earners are not members of poor households and, second, over 75 percent of poor households do not have a member who is a low wage earner. We also present simulation results which suggest that, even without any negative employment effects, planned increases in Ontario's minimum wage will lead to virtually no reduction in the level of poverty."