Twin Cities’ wage hikes roasted after report exposes job-crushing fallout in Tim Walz’s backyard

A Federal Reserve Bank of Minneapolis study found that minimum wage hikes in Minneapolis and St. Paul led to job losses and reduced hours, with an estimated 5,425 jobs lost in Minneapolis and 3,797 jobs lost in St. Paul between 2017 and 2021. The study's findings have been seized upon by conservatives as evidence against aggressive wage mandates. The minimum wage increases were phased in to eventually reach $15 per hour by July 2024.