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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsNew study finds Seattles $15 Minimum Wage a Success
Seattles $15 Minimum Wage Experiment Is a SuccessA new study of Seattles higher minimum wage finds no overall impact on grocery and restaurant costs. This is a big deal.
When Seattle started down the road to the $15 minimum wage, the city hired a University of Washington team of economists to analyze the wages effects on the city. In the years since, the Seattle Minimum Wage Study Teams findings have been largely positive. In 2016, they found that wages in Seattle are up, low-wage employment increased in the city, and the number of hours worked increased. They reported earlier this year that the wage increase had near zero impact on restaurant employment. And this week, in their final study for the city, the Seattle Minimum Wage Study Team released a report proving prices at restaurants and grocery stores havent increased because of the minimum wage.
When taken in total, the Seattle Minimum Wage Study Teams reports have proven that the $15 minimum wage is a success.
Every time a city or state discusses raising the minimum wage, businesses and conservative lawmakers respond with a series of three threats. They argue that the higher minimum wage will kill jobs. They claim that the wage will kill businesses. And they claim that prices will skyrocket. (Heres an EPI survey from before Seattles wage increase showing that businesses overwhelmingly predicted all three of those outcomes.) Those are the three primary arguments against raising the wage, and the Seattle Minimum Wage Study Team has now clearly disproven all three of those threats.
But before we get into the nitty-gritty of the Study Teams final report for the city, its important to make some distinctions. This report discusses both cost datain the form of restaurant and grocery store price changes that are observable and quantifiableand anecdotal information, in the form of .................
When taken in total, the Seattle Minimum Wage Study Teams reports have proven that the $15 minimum wage is a success.
Every time a city or state discusses raising the minimum wage, businesses and conservative lawmakers respond with a series of three threats. They argue that the higher minimum wage will kill jobs. They claim that the wage will kill businesses. And they claim that prices will skyrocket. (Heres an EPI survey from before Seattles wage increase showing that businesses overwhelmingly predicted all three of those outcomes.) Those are the three primary arguments against raising the wage, and the Seattle Minimum Wage Study Team has now clearly disproven all three of those threats.
But before we get into the nitty-gritty of the Study Teams final report for the city, its important to make some distinctions. This report discusses both cost datain the form of restaurant and grocery store price changes that are observable and quantifiableand anecdotal information, in the form of .................
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New study finds Seattles $15 Minimum Wage a Success (Original Post)
L. Coyote
Jan 2018
OP
Poor people spend money. Money in motion increases economy. Rich people park tax cuts in real estate
Bernardo de La Paz
Jan 2018
#2
Cracklin Charlie
(12,904 posts)1. Results of study blocked in 5,4,3,2,1...
And
blocked.
Bernardo de La Paz
(48,788 posts)2. Poor people spend money. Money in motion increases economy. Rich people park tax cuts in real estate
certainot
(9,090 posts)3. the reason there aren't more min wage raises is rw radio stations
scream whenever the local want to raise the min wage - they always do and they use those same excuses.