The Unsurprising Result Of Seattle Raising Their Minimum Wage To $15 An Hour

[SavedByGrace1981]

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.

http://www.redstate.com/jaycaruso/2017/06/26/the-unsurprising-result-of-seattle-raising-their-minimum-wage-to-15-an-hour/?utm_content=bufferac33b&utm_medium=social&utm_source=facebook.com&utm_campaign=buffer

[OneLight]

There will never be a true balance as long as there is greed and materialistic desires above what is needed.

[Anonymous Aristotle]

20 minutes ago, SavedByGrace1981 said:

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.

http://www.redstate.com/jaycaruso/2017/06/26/the-unsurprising-result-of-seattle-raising-their-minimum-wage-to-15-an-hour/?utm_content=bufferac33b&utm_medium=social&utm_source=facebook.com&utm_campaign=buffer

Just another proof that common sense isn't so common. Many of us knew this was coming when it was in the talking stages. 

It's as with friends who were praising the soon to be signed into law, Obamacare.  Oh, great! Health insurance for all! 

They couldn't wait! 

Now they wish they had . And had actively worked to have the bill repealed. Employers contrary to what was thought cut their staff to part time to avoid giving them full Obamacare coverage. 
One lady I know who's married with no children checked their policy coverage cost. $1800. for the cheapest coverage. Bronze I think it was called. 

So for giggles she checked the highest coverage. Nearly $3000.00. Her husband smoked is why the premium was so high. So she checked to see if he had stopped smoking how much would the coverages be? Just a couple of hundred dollars difference. 

Now with this minimum wage thing as the next big push, it will always be like what Washington state is learning the hard way. 
I wonder what the price of a Whopper is there now?  Paying people that much to work at Burger King has to come at a cost . 

[Guest shiloh357]

Liberals simply do not understand the matrix of economics.

[OakWood]

13 hours ago, Anonymous Aristotle said:

Just another proof that common sense isn't so common. Many of us knew this was coming when it was in the talking stages. 

It's as with friends who were praising the soon to be signed into law, Obamacare.  Oh, great! Health insurance for all! 

They couldn't wait! 

Now they wish they had . And had actively worked to have the bill repealed. Employers contrary to what was thought cut their staff to part time to avoid giving them full Obamacare coverage. 
One lady I know who's married with no children checked their policy coverage cost. $1800. for the cheapest coverage. Bronze I think it was called. 

So for giggles she checked the highest coverage. Nearly $3000.00. Her husband smoked is why the premium was so high. So she checked to see if he had stopped smoking how much would the coverages be? Just a couple of hundred dollars difference. 

Now with this minimum wage thing as the next big push, it will always be like what Washington state is learning the hard way. 
I wonder what the price of a Whopper is there now?  Paying people that much to work at Burger King has to come at a cost . 

Washington State does not have to learn. Washington knew full well what the consequences would be.

It's all part of a plot to destroy the U.S.A and they're using brainwashed Leftist idiots to carry out their plans. These Marxists have infiltrated the White House, the judiciary, the education system and probably every State government too. They won't be happy until the U.S.A. as we know it has been completely eradicated and they are destroying it from within by obliterating the economy. They're brainwashing kids with cultural Marxism, trying to destroy the Judeo-Christian family unit, and propagandizing the masses through the Media and the schools and university system. They're doing it in America and they're doing it in Britain and the rest of Europe. It's all part of a new Tower of Babel and once it is successful it will usher in the reign of the Beast.

 

[Anonymous Aristotle]

3 hours ago, OakWood said:

Washington State does not have to learn. Washington knew full well what the consequences would be.

It's all part of a plot to destroy the U.S.A and they're using brainwashed Leftist idiots to carry out their plans. These Marxists have infiltrated the White House, the judiciary, the education system and probably every State government too. They won't be happy until the U.S.A. as we know it has been completely eradicated and they are destroying it from within by obliterating the economy. They're brainwashing kids with cultural Marxism, trying to destroy the Judeo-Christian family unit, and propagandizing the masses through the Media and the schools and university system. They're doing it in America and they're doing it in Britain and the rest of Europe. It's all part of a new Tower of Babel and once it is successful it will usher in the reign of the Beast.

 

That's a sad thing to read about Washington state if they are indeed this committed. God help us all in a 50 state nation how may others think like their leadership does I wonder?

Even more reason to pray hard for America and the leadership.  One thing that is a blessing to be thankful for already. God didn't permit Bernie Sanders nor Hillary Clinton to take the White house. 

[Anonymous Aristotle]

6 hours ago, shiloh357 said:

Liberals simply do not understand the matrix of economics.

Sure they do. Tax and spend!  

[Guest shiloh357]

19 minutes ago, Anonymous Aristotle said:

Sure they do. Tax and spend!  

Yes, liberals are like a 16 year old girl with her daddy's credit card.