"How does a task-level minimum pay requirement for gig workers affect their earnings and employment ... We find that the minimum pay law raised delivery pay per task, though the increases in base pay per task were partially offset by a substantial reduction in average tips ... leading to zero effect on monthly earnings"
In short, prices for consumer went up, workers got no benefit. Net lose for society.
#socialism fails again!

NBER
Delivering Higher Pay? The Impacts of a Task-Level Pay Standard in the Gig Economy
Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating resear...


#terror