Study: Seattle’s $13 Minimum Wage Has Hurt Low-Income Workers

As predicted by virtually EVERYONE...outside of the Leftbubble echo chamber, anyway.

Wages are based on what businesses can afford not an arbitrarily established level not commiserate with ground level jobs, such as burger flipping, etal, which was never meant to be a "career".

Now, we see the results of even a relativey small taste of a Command Economy...and who it ALWAYS HURTS 1st, and MOST:



Study: Seattle’s $13 Minimum Wage Has Hurt Low-Income Workers
A new study, released Monday, has found that the increase in Seattle’s minimum wage has led to reduced employment for workers and cut hours for those that kept their jobs. This essentially cancels out any benefits of the higher wages that the city had hoped for its workers.

In 2014, city council member Kshama Sawant pushed for the city to increase its minimum wage to $15 per hour, in attempt to improve the lives low-wage workers.

In response, Seattle signed in the Seattle Minimum Wage Ordinance and raised its minimum wage from $9.47 per hour in 2014 to $11 per hour in 2015, and later to $13 in 2016.

Using a variety of methods to analyze employment in all sectors, the study concluded that second wage increase to $13 reduced hours worked in low-wage jobs by around 9 percent, while hourly wages in such jobs increased by around 3 percent.




http://dailycaller.com/2017/06/27/study-seattles-13-minimum-wage-has-hurt-low-income-workers/
------------------------------------------------------------------------------------------------------------------

It ain't rocket science, people.....

 

Econ 101 ... what a concept.

 

Who knew?

 

Waiting for the "bu bu bu but but..feelings" excuse. And I'll toss out Republican Conspiracy and it's Trump fault just to cover all the Democrat bases.

 

In before 'greedy businessowners' whines...

 

Minimum wage laws are designed to idle workers and undermine the power and influence of the productive working class.

 

Me ... I'm waiting for the Paul Kurgman Nobel Prize Excusnik Column.

Never happen.

 

Yep, extremely basic stuff. But the left knows better. Their sociology professors told them so.

 

Ummm no. Wages are based on market value NOT whatever businesses can afford lol! And who t f are you to say what a "career" is or should be? Your remark is nonsensical, I bet you and the donald could have an amusing conversation.

 

I'm going to say this is fake news.

I briefly saw a headline that Seattle’s minimum wage hike had worked and then it disappeared to be replaced by the news that the minimum wage had hurt employment. I didn't click on it so the article, I assume, is lost forever.

It's all a game.

 

Why do Democrats deny EVERY science, except climate science? Is it because they only care about science when they can use it to push their agenda?

 

They don't even listen to sociologists. They deny that humans react to positive and negative incentives, in financial matters.

 

As if the MSM wouldn't be blasting this article if it's fake? You know it's real when the MSM ignores it. That's the easiest sign.

 

So what a business pays an employee has nothing to do with what they can afford to pay the employee?

From now on, reread what you type before you post it.

 

So, according to you, "articles" the MSM ignores are ignored by the MSM because they are real "articles". Therefore, according to your logic, the articles the MSM blasts are all fake articles. Gotcha scooter.

 

What?

What happens to a business when it spends more than it makes?

Hint: Illizuela is a good example.

Minimum wage jobs are not designed to be "living wage" jobs, they are designed to be entry level jobs.

 

Actually its a mixed bag. When an artificial floor for wages is raised, the solution is to raise product and service prices to offset it. This however is a case of Seattle shooting itself in the foot, because it won't be able to compete with other states or cities. Eventually, businesses will pull up stakes and move, and new businesses won't find the economic environment attractive to move there. Result? Business stagnation, more unemployment, and less local choices for consumers in that region.

 

They ignore it when it doesn't fit into their agenda. You haven't been paying attention since 08 have you? It's been 2 days and I haven't seen CNN or NBC covering this story yet during the morning or evening news. I have however seen segments praising Seattle for what it's doing. Weird huh.

 

I suggest you all read the interview the lead researcher (you know, the guy behind the numbers) had to say before jumping to a bunch of half-baked conclusions.
Basically, he was making another study to determine if the raise in minimum wage helped head-of-household wage earners before he came to any conclusions. His initial study, he felt was too biased to young, college aged workers. He also said a follow-up was necessary because past studies show adjustment periods for rapid changes in wages.
Just relating the researcher's point of view.

 

Absolutely.

The main problem with their idea though is their belief that you SHOULD be able to live and support a family on minimum wage.

Minimum wage was never designed to do that, it was designed for kids coming out of high school to get basic work skills, and to have upward mobility.

Raising the minimum wage actually prevents those low skilled laborers from getting a job, and brings everyone else closer to the bottom of the employment rungs.

 

And how many workers needed to ask for fewer hours to keep benefits for their families for housing, day care, Medicaid and SNAP among others?

 

You, I, and many people understand this. The left side of some people's brains can't comprehend it though. Even if Seattle operated in a bubble and could raise prices to offset this cost, the ensuing inflation would offset any arbitrary rise in income. The fact remains, they are still at the bottom of the totem pole in purchasing power. Raising minimum wage has some SERIOUSLY BAD unintended consequences.

 

Greedy business owners want to pay as little as possible, while living in big fine homes. They exploit overseas visa work permits, which have has become a joke. And then they squeal when their profits are dinged. It's the same as rich contractors hiring Latinos for decades.

 

And here's yet another blanket statement acting like all business owners are wildly rich and incredibly greedy.

Nothing could be further from the truth. Get some perspective on reality before coming back to this topic, you're way off with this statement.

 

That's right. Just like the price of utilities or real estate. These things are not based on what the business can afford but on the economics of supply and demand. Think before you post.