The Dow posted its highest closing since last November, topping the 9000 mark for the first time since January. And the minimum wage goes up today from $6.25 to $7.25. But some say this will create more joblessness, pushing the nation's unemployment-insurance system into a severe and long-term test. To talk about all of this is Peter Morici, economist and business Professor at the University of Maryland, and Jason DeParle, a reporter for The New York Times.
The story you just read is freely available and accessible to everyone because readers like you support The World financially.
Thank you all for helping us reach our goal of 1,000 donors. We couldn’t have done it without your support. Your donation directly supported the critical reporting you rely on, the consistent reporting you believe in, and the deep reporting you want to ensure survives.