No1butPaul
05-31-2014, 01:59 PM
May 27, 2014
Seattle's proposed $15 minimum wage has yet to pass, but it is already hurting the labor market, according to the Washington Policy Center.
A proposal to raise Seattle's minimum wage up to $15 is controversial, and while the measure has not passed, small businesses are panicked. Many businesses are holding off on expanding or hiring additional workers, while those who want to start new businesses have postponed their plans...
The mayor of Seattle proposes to phase in the $15 increase, spreading it out over seven years. However, when they head to the ballot box in November, voters may face a ballot measure that would require all large employers to begin paying $15 next year. Small business owners would have just three years to adjust to the new wage...
While a study, commissioned by Seattle's mayor Ed Murray and the City Council last year, predicted that the $15 wage would reduce poverty and help workers, the study did not even examine the proposal's impact on employment. As movement within the Seattle business community indicates, the wage increase will hurt jobs, curb growth and send businesses to neighboring cities.
Source: "Seattle's $15 Minimum Wage Not in Effect, But Already Killing Jobs," Washington Policy Center, May 22, 2014.
http://www.ncpa.org/sub/dpd/index.php?Article_ID=24459
Seattle's proposed $15 minimum wage has yet to pass, but it is already hurting the labor market, according to the Washington Policy Center.
A proposal to raise Seattle's minimum wage up to $15 is controversial, and while the measure has not passed, small businesses are panicked. Many businesses are holding off on expanding or hiring additional workers, while those who want to start new businesses have postponed their plans...
The mayor of Seattle proposes to phase in the $15 increase, spreading it out over seven years. However, when they head to the ballot box in November, voters may face a ballot measure that would require all large employers to begin paying $15 next year. Small business owners would have just three years to adjust to the new wage...
While a study, commissioned by Seattle's mayor Ed Murray and the City Council last year, predicted that the $15 wage would reduce poverty and help workers, the study did not even examine the proposal's impact on employment. As movement within the Seattle business community indicates, the wage increase will hurt jobs, curb growth and send businesses to neighboring cities.
Source: "Seattle's $15 Minimum Wage Not in Effect, But Already Killing Jobs," Washington Policy Center, May 22, 2014.
http://www.ncpa.org/sub/dpd/index.php?Article_ID=24459