Monday, October 26, 2015

Seattle Raised Minimum Wage To $15- What Immediately Happened Will Have Them Regretting It

Western Journalism ^ | October 26, 2015 | jack Davis 

As the battle over increasing the minimum wage is fought out from coast to coast, new facts dispel the myth that increasing labor costs for employers somehow results in an economic Nirvana.
When Seattle decided to pass a law sending the minimum wage up to $15 an hour, liberals ridiculed claims that paying workers a higher wage could have any negative impact on employers and the regional job market.
It appears they should have listened.
A study released Wednesday by the American Enterprise Institute said that even though the full impact of the wage increase has not yet been felt, Seattle is already losing restaurant jobs at a time when the rest of Washington is gaining them.
The report said 700 restaurant jobs have already been lost.
(Excerpt) Read more at westernjournalism.com ...

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