“””The unemployment rate for Washington St. has been around 4.6% since 2017.””””
And if the $15.00 per hour wage rate had not been put into effect, the unemployment rate could easily been lower than 4.6%.
When businesses are forced to pay a minimum wage of $15.00 per hour, those businesses will look at a viable alternatives to reduce the number of people working for them.
Some alternatives include automation or robots.