Showing posts with label Unexpected. Show all posts
Showing posts with label Unexpected. Show all posts
Saturday, May 20, 2017
Tuesday, August 23, 2016
Something "Unexpected" Happened When Seattle Raised The Minimum Wage
Wow, what a surprise . The University of Washington concluded that raising minimum wages in Seattle "lowered employment rates of low-wage workers".
http://www.zerohedge.com/news/2016-08-23/something-unexpected-happened-when-seattle-raised-minimum-wage
http://www.zerohedge.com/news/2016-08-23/something-unexpected-happened-when-seattle-raised-minimum-wage
...the Federal Reserve Bank of San Francisco that finds that "higher minimum wage results in some job loss for the least-skilled workers—with possibly larger adverse effects than earlier research suggested."Gee, the academics and intelligentsia are finally coming to the same conclusions the rest of us peons came to years ago.
Labels:
minimum wage,
Raised,
Seattle,
Unexpected
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