Minimum wage increase causes cuts in hours, jobs, and services in S. Dakota

From Mark Perry.

"NC1-TV in Rapid City, SD is reporting in the video above that:

Changes are coming for workers at South Dakota’s six public universities. The schools are reigning in hiring and cutting back hours and services as a result of the new $8.50 minimum wage that voters approved in November. The Regents predicted the wage hike would increase costs by about $970,000 over a full year. Some universities have reduced the availability of services such as building hours.

MP: What? A government-mandated minimum wage leads to: a) reducing hiring, b) reduced hours for workers, and c) reduced hours of service? As an economist, I’m shocked!"