Posted on 06/26/2017 12:37:01 PM PDT by Oldeconomybuyer
A new minimum wage study suggests Seattle's quest for a $15 minimum wage may not be completely painless.
Not all is rosy in Seattle as the city gradually pushes to raise the minimum wage to $15 per hour, according to a new study that suggests hiring and the number of hours worked among lower-wage employees took a hit last year as minimum pay rose.
The National Bureau of Economic Research unveiled a working paper on Monday that found the number of hours worked in low-skill professions dropped more than 9 percent in Seattle during the first three quarters of last year, while low-wage jobs declined by 6.8 percent, or by more than 5,000 positions.
That all coincides with Seattle raising its minimum wage to $13 per hour in 2016 amid the city's gradual push to boost floor-level pay to $15. The University of Washington researchers who authored the study pointed to this wage increase as the root cause of the hourly and employment declines.
Indeed, the study found that the net cons of the minimum wage uptick outweighed the pros by a measure of three-to-one and that low-wage workers lost an average of $125 per month as a result of the ordinance, which increased hourly wages by 3 percent while dragging on payroll totals and hours worked.
(Excerpt) Read more at usnews.com ...
The Left has been trying and failing to repeal the Law of Supply and Demand for a century.
Post modernist Commies don’t care.
Nothing here that implementing robots to replace the workers couldn’t fix.
Never saw that coming. Duh.
My guess is that paid off the books workers has increased dramatically too. Next we’ll see an article wondering why tax withholdings have decreased.......
Gee no kidding. Who would of thought
In other breaking news, study indicates that water is wet and that fire is hot. More tax dollars are needed to complete the study.
I seem to remember an ad being published a couple of years ago offering 9 or 10 bucks an hour to join the ‘fight’ for a 15 buck min wage....
Gee. Nobody saw this coming..... /sarc
Paging Kshama Sawant...
Let’s make it $1500 NOW.
They needed a “study” for this, really?
Look at all the dumbasses in that picture. They look strong and healthy enough to do better than slinging fries.
If the Uni-Party hadn’t flooded the Country with Slave labor, the average wage would probably be about twenty an hour.
This happening in a sanctuary city in a sanctuary state.
What are the odds these jobs will be filled with illegals being paid cash under the table?
Let’s see what happens when fast food restaurants replace the cashiers with electronic self-serve terminals—terminals that are fluent in multiple languages.
MARX AND ENGELS WERE WRONG!!! JUST ADMIT IT!!!!!
Not high in Seattle. All the illegals are over in eastern Washington.
Seattle could get away with this only because the largest “Seattle” employers - Microsoft, Paccar (Kenworth), Boeing, etc. - are actually in the suburbs such as Redmond, Bellevue, and Renton.
Whatabuncha morons in that picture!
Anybody ever tell them you don’t demonstrate for higher pay, you work and study for it?
They could ask the UAW people (former workers...) in Madison Tennessee; when they went on strike for higher pay, Peterbilt padlocked the gates and moved *all* production to the (non-union) plant in Denton, Texas.
Which, BTW, already had much greater productivity per worker.
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