The Unsurprising Result of Seattle Raising Their Minimum Wage to $15 an Hour
Seattle Washington decided to raise the minimum wage in the city to $15 an hour. It’s an incremental increase with the most recent being $13 an hour. When Seattle proposed the idea, economists and people with an ounce of common sense predicted long-term negative consequences. Supporters of the hike sneered and promised an effective model for cities around the United States.
The results are in, and it turns out those targeted by the sneering at were right. First, on wages:
This latest study from the UW team looks at the effects of both the first and second jumps. The second jump, in January 2016, raised the minimum wage to $10.50 to $13. (The minimum wage has since gone up again, to the current $11 to $15. It goes up again in January to $11.50 to $15.)
The team concluded that the second jump had a far greater impact, boosting pay in low-wage jobs by about 3 percent since 2014 but also resulting in a 9 percent reduction in hours worked in such jobs. That resulted in a 6 percent drop in what employers collectively pay — and what workers earn — for those low-wage jobs.
For an average low-wage worker in Seattle, that translates into a loss of about $125 per month per job.
So workers are making more per hour, but they’re working less, so they’re taking in less money, despite the increase.
As for jobs?
The report also estimated that there are about 5,000 fewer low-wage jobs in the city than there would have been without the law.
Again, it’s not surprising this happened. The warnings went unheeded. Here’s more bad news:
As to how the UW team’s findings jibe with the Seattle area’s very low unemployment rate, tight labor market, and anecdotes from hospitality employers desperately seeking low-wage workers, Vigdor said that, based on data and what he’s hearing from employers, businesses are looking to hire those with more experience.
“Traditionally, a high proportion of workers in the low-wage market are not experienced at all: teens with their first jobs, immigrants with their first jobs here,” he said. “Data is pointing to: Since we have to pay more, employers are looking for people with experience who can do the job from Day 1.”
The people who need these jobs the most – teenagers and immigrants – are being shut out, particularly if they don’t have experience.
Naturally, the people who supported the increase will cover their ears, shouting, “LA! LA! LA! LA! LA! LA!” and pretend it isn’t happening.
The post The Unsurprising Result of Seattle Raising Their Minimum Wage To $15 An Hour appeared first on RedState.
Source: http://www.redstate.com/jaycaruso/2017/06/26/the-unsurprising-result-of-seattle-raising-their-minimum-wage-to-15-an-hour/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Humic & Fulvic Liquid Trace Mineral Complex
HerbAnomic’s Humic and Fulvic Liquid Trace Mineral Complex is a revolutionary New Humic and Fulvic Acid Complex designed to support your body at the cellular level. Our product has been thoroughly tested by an ISO/IEC Certified Lab for toxins and Heavy metals as well as for trace mineral content. We KNOW we have NO lead, arsenic, mercury, aluminum etc. in our Formula. This Humic & Fulvic Liquid Trace Mineral complex has high trace levels of naturally occurring Humic and Fulvic Acids as well as high trace levels of Zinc, Iron, Magnesium, Molybdenum, Potassium and more. There is a wide range of up to 70 trace minerals which occur naturally in our Complex at varying levels. We Choose to list the 8 substances which occur in higher trace levels on our supplement panel. We don’t claim a high number of minerals as other Humic and Fulvic Supplements do and leave you to guess which elements you’ll be getting. Order Your Humic Fulvic for Your Family by Clicking on this Link , or the Banner Below.
Our Formula is an exceptional value compared to other Humic Fulvic Minerals because...
It’s OXYGENATED
It Always Tests at 9.5+ pH
Preservative and Chemical Free
Allergen Free
Comes From a Pure, Unpolluted, Organic Source
Is an Excellent Source for Trace Minerals
Is From Whole, Prehisoric Plant Based Origin Material With Ionic Minerals and Constituents
Highly Conductive/Full of Extra Electrons
Is a Full Spectrum Complex
Our Humic and Fulvic Liquid Trace Mineral Complex has Minerals, Amino Acids, Poly Electrolytes, Phytochemicals, Polyphenols, Bioflavonoids and Trace Vitamins included with the Humic and Fulvic Acid. Our Source material is high in these constituents, where other manufacturers use inferior materials.
Try Our Humic and Fulvic Liquid Trace Mineral Complex today. Order Yours Today by Following This Link.
Thats been their old game since ‘Safeway’ Corp. decades ago.
If wages go up they no longer allow Full Time Hours, and those that do get full time hours are mainly men (Fast food and Groceries industries) by the old reasoning of ‘head of the household’ wage earner. It also allows them to then drop the insurances, under the claim only full time employees can have insurance.