The disparate impact of a national $15 minimum wage

Even if you believe Janet Yellen’s recent testimony that a $15 federal minimum wage would have a “very minimal” impact on overall employment, it is hard to imagine that raising the federal minimum wage from $7.25 to $15 an hour would not significantly impact business costs and employment in at least some parts of the country. But which parts, and by how much? I use publically available data to provide a rough answer to this important question.

Source: The disparate impact of a national $15 minimum wage