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6 Big Cities See Hiring Fade After Minimum Wage Hikes
IBD ^
| January 6, 2016
| Jed Graham
Posted on 01/09/2016 10:23:38 AM PST by QT3.14
U.S. cities that implemented big minimum-wage hikes to $10 an hour or more in 2015 have seen a strikingly similar aftermath: Job gains have fallen to multiyear lows at restaurants, hotels and other leisure and hospitality venues.
The data aren't, for the most part, stark and reliable enough to amount to smoking-gun proof.
But Chicago, Oakland, San Francisco, Seattle, Los Angeles and Washington, D.C. â all on the leading edge of the push for big minimum wage hikes â all show worrisome job trends.
(Excerpt) Read more at news.investors.com ...
TOPICS: Business/Economy; Culture/Society; Government; News/Current Events; US: California; US: District of Columbia; US: Illinois; US: New York; US: Washington
KEYWORDS: bigbird; bluezones; chicago; comradewilhelm; deblasio; economy; fightfor15; gotwhatyouaskedfor; hiring; layoffs; losangeles; minimumwage; nyc; oakland; sanfrancisco; seattle; socialismdoesntwork; tipping; tips; unionthugs; wages; washingtondc
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1
posted on
01/09/2016 10:23:38 AM PST
by
QT3.14
To: QT3.14
Imagine that. Workers in the Seattle are then asked for less hours so they would qualify for other welfare benefits.
2
posted on
01/09/2016 10:25:16 AM PST
by
QT3.14
(USA facing assisted-suicide by the Left)
To: QT3.14
3
posted on
01/09/2016 10:26:47 AM PST
by
A CA Guy
( God Bless America, God Bless and keep safe our fighting men and women.)
To: QT3.14
Looks like they will have to readjust those unemployment numbers again....
4
posted on
01/09/2016 10:28:07 AM PST
by
vpintheak
(Death before disarmament!)
To: QT3.14
The data aren't, for the most part, stark and reliable enough to amount to smoking-gun proof.And they remain blind to the obvious.
5
posted on
01/09/2016 10:28:24 AM PST
by
mykroar
("Never believe anything until it has been officially denied." - Otto von Bismarck)
To: QT3.14
Ten bucks.
See what they buys you in a rural Alabama town and see what it buys you in New York City.
To: QT3.14
” The data aren’t, for the most part, stark and reliable enough to amount to smoking-gun proof. “
Then why are they bothering with this article?
.
7
posted on
01/09/2016 10:29:15 AM PST
by
Mears
To: QT3.14
8
posted on
01/09/2016 10:29:37 AM PST
by
Tucker39
(Welcome to America! Now speak English; and keep to the right....In driving, in Faith, and politics.)
To: A CA Guy
I’m never going to pay $10 for a Big Mac, no matter how many Leftist rail about a living wage.
I’m the consumer. I AM in the drivers seat, not the social activists.
9
posted on
01/09/2016 10:30:08 AM PST
by
Alas Babylon!
(As we say in the Air Force, "You know you're over the target when you start getting flak!")
To: QT3.14
Imagine that. Workers in the Seattle are then asked for less hours so they would qualify for other welfare benefitsIf they are that savvy they ought to enroll in the local community college and get that piece of paper which would entitle them to more money than minimum wage + chump change.
To: QT3.14
Woah! I didn’t expect this to happen! /sarc
11
posted on
01/09/2016 10:32:02 AM PST
by
Cowboy Bob
(With Trump & Cruz, America can't lose!)
To: QT3.14
If governments can require businesses pay a minimum wage, then why can’t the also require a minimum number of employees? Same principal and no less unconstitutional.
To: QT3.14
I'm going to bet that those cities will soon see something else dismaying - closing down of Starbucks stores. I'll further predict that Starbucks closes a third of stores in areas where minimum wage hikes have occurred.
Alas, Los Angeles county also joined in the giving away of other people's money, so our job market is dramatically drying up.
13
posted on
01/09/2016 10:36:11 AM PST
by
kingu
(Everything starts with slashing the size and scope of the federal government.)
To: A CA Guy
“Goodbye tipping.”
Same here, in those places. They’ll come to understand that their employment depends on customers willing to spend money, and as the cost difference between eating out and eating in increases, less jobs for them.
So not tipping them is actually doing them a favor, at least in my book, since my other option is simply staying home.
14
posted on
01/09/2016 10:43:08 AM PST
by
BobL
(Who cares? He's going to build a wall and stop this invasion.)
To: QT3.14
How could this happen?
It was just as well thought out as other democrat plans, like Obamacare, Fast and Furious and training of Syrian “rebels”.
15
posted on
01/09/2016 10:45:47 AM PST
by
Iron Munro
(The wise have stores of choice food and oil but a foolish man devours all he has. Proverbs 21:20)
To: QT3.14
all democRatically run welfare slave mills.
16
posted on
01/09/2016 10:51:30 AM PST
by
NormsRevenge
(SEMPER FI!! - Monthly Donors Rock!!)
To: kingu
On the good news front, lines at Starbucks are getting shorter and seats are available.
Maybe 15 years ago, one of my daughters worked at a couple Starbucks. She noticed that many people were hooked on Starbucks, coming in perhaps three times a day. It cost a lot back then, and prices are sky high now to cover higher wages. I imagine people don't go more than once a day now, if at all because of hiked prices. I don't go there, as I can get a cheaper coffee anywhere else than Starbucks.
17
posted on
01/09/2016 10:51:42 AM PST
by
roadcat
To: Alas Babylon!
The so-called “living wage” is meaningless in the face of a fiat currency whose value always goes down. Average male income back in 1959, in 2015 dollars (take note), was about $44K (also regarded as average family income; that’s a little over $21/hour); and even female workers who were working full-time in that year averaged the equivalent of over $28K.
18
posted on
01/09/2016 11:04:53 AM PST
by
Olog-hai
To: QT3.14
UNEXPECTEDLY!
19
posted on
01/09/2016 11:09:24 AM PST
by
null and void
(This war starts in the spiritual realm-it will end in ours though.)
To: QT3.14
20
posted on
01/09/2016 11:23:19 AM PST
by
E. Pluribus Unum
(The future must not belong to those who deny the true nature of Islam.)
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