Forums
New posts
Search forums
What's new
New posts
New media
New media comments
Latest activity
Classifieds
Media
New media
New comments
Search media
Log in
Register
What's New?
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Navigation
Install the app
Install
More Options
Advertise with us
Contact Us
Close Menu
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Forums
The Water Cooler
General Discussion
The reality of a minimum wage
Search titles only
By:
Reply to Thread
This site may earn a commission from merchant affiliate links, including eBay, Amazon, and others.
Message
<blockquote data-quote="SlugSlinger" data-source="post: 3003162" data-attributes="member: 7248"><p><span style="font-size: 22px"><strong>Seattle’s minimum wage hike hurting low-level workers, study says</strong></span></p><p>By <a href="http://www.foxnews.com/on-air/personalities/dan-springer/bio" target="_blank">Dan Springer </a>Published June 26, 2017</p><p><a href="http://www.foxnews.com/" target="_blank">Fox News</a></p><p>Seattle's first-in-the-nation $15 per hour minimum wage law is hurting the workers it aimed to help, a new study has found.</p><p></p><p>The working poor are making more per hour but taking home less pay. The University of Washington paper asserts the new wages boosted worker pay by 3 percent, but also resulted in a 9-percent reduction in hours and a $125 cut to the monthly paychecks.</p><p></p><p>The law also cost the city 5,000 jobs, the report said.</p><p></p><p>Seattle's minimum wage ordinance, passed by the Seattle City Council and signed by Mayor Ed Murray in 2014, was sold as a way to close the income inequality gap and help those struggling at the bottom of the economic ladder. More than a dozen cities and counties, mostly in California and New York, followed suit.</p><p></p><p><a href="http://www.foxbusiness.com/politics/2017/05/31/minimum-wage-hikes-may-malign-fast-food-jobs-and-discount-shoppers.html" target="_blank"><strong>MINIMUM WAGE HIKES MAY MALIGN FAST-FOOD JOBS AND DISCOUNT SHOPPERS</strong></a></p><p></p><p>"This is a two-edged sword," said Jacob Vigdor, one of the team of researchers studying the issues for Seattle. "And if you raise this minimum wage the way Seattle did you run the risk of actually taking money away from the people you are trying to help."</p><p></p><p>The study was published as a "working paper" on Monday by the National Bureau of Economic Research. </p><p></p><p>A national campaign called "Fight for $15" aims to bring higher wages across the country by worker strikes and demonstrations.</p><p></p><p>The Seattle mayor tweeted his rebuttal of the study, and previously cited Seattle's growing economy and low unemployment as evidence that higher wages are not bad for the city. </p><p></p><p><a href="http://www.foxnews.com/politics/2015/07/22/seattle-sees-fallout-from-15-minimum-wage-as-other-cities-follow-suit.html" target="_blank"><strong>SEATTLE SEES FALLOUT FROM $15 MINIMUM WAGE, AS OTHER CITIES FOLLOW SUIT</strong></a> </p><p></p><p>"The facts: Seattle's economy is booming, with wages increasing & restaurants & retail among our fastest growing job sectors," he wrote on Twitter.</p><p></p><p>But Louise Chernin, CEO of the Greater Seattle Business Association, said jobs should be increasing at a higher rate.</p><p></p><p>"You'd think with the amount of people moving into Seattle and the number of businesses and restaurants that are opening, we'd be hiring more people," she said. "It just shows me they are struggling."</p><p></p><p>The study shows not everybody is struggling, however. Job growth in the city is strong, up 13 percent in the past year – but only for those making more than $19 per hour.</p></blockquote><p></p>
[QUOTE="SlugSlinger, post: 3003162, member: 7248"] [SIZE=6][B]Seattle’s minimum wage hike hurting low-level workers, study says[/B][/SIZE] By [URL='http://www.foxnews.com/on-air/personalities/dan-springer/bio']Dan Springer [/URL]Published June 26, 2017 [URL='http://www.foxnews.com/']Fox News[/URL] Seattle's first-in-the-nation $15 per hour minimum wage law is hurting the workers it aimed to help, a new study has found. The working poor are making more per hour but taking home less pay. The University of Washington paper asserts the new wages boosted worker pay by 3 percent, but also resulted in a 9-percent reduction in hours and a $125 cut to the monthly paychecks. The law also cost the city 5,000 jobs, the report said. Seattle's minimum wage ordinance, passed by the Seattle City Council and signed by Mayor Ed Murray in 2014, was sold as a way to close the income inequality gap and help those struggling at the bottom of the economic ladder. More than a dozen cities and counties, mostly in California and New York, followed suit. [URL='http://www.foxbusiness.com/politics/2017/05/31/minimum-wage-hikes-may-malign-fast-food-jobs-and-discount-shoppers.html'][B]MINIMUM WAGE HIKES MAY MALIGN FAST-FOOD JOBS AND DISCOUNT SHOPPERS[/B][/URL] "This is a two-edged sword," said Jacob Vigdor, one of the team of researchers studying the issues for Seattle. "And if you raise this minimum wage the way Seattle did you run the risk of actually taking money away from the people you are trying to help." The study was published as a "working paper" on Monday by the National Bureau of Economic Research. A national campaign called "Fight for $15" aims to bring higher wages across the country by worker strikes and demonstrations. The Seattle mayor tweeted his rebuttal of the study, and previously cited Seattle's growing economy and low unemployment as evidence that higher wages are not bad for the city. [URL='http://www.foxnews.com/politics/2015/07/22/seattle-sees-fallout-from-15-minimum-wage-as-other-cities-follow-suit.html'][B]SEATTLE SEES FALLOUT FROM $15 MINIMUM WAGE, AS OTHER CITIES FOLLOW SUIT[/B][/URL] "The facts: Seattle's economy is booming, with wages increasing & restaurants & retail among our fastest growing job sectors," he wrote on Twitter. But Louise Chernin, CEO of the Greater Seattle Business Association, said jobs should be increasing at a higher rate. "You'd think with the amount of people moving into Seattle and the number of businesses and restaurants that are opening, we'd be hiring more people," she said. "It just shows me they are struggling." The study shows not everybody is struggling, however. Job growth in the city is strong, up 13 percent in the past year – but only for those making more than $19 per hour. [/QUOTE]
Insert Quotes…
Verification
Post Reply
Forums
The Water Cooler
General Discussion
The reality of a minimum wage
Search titles only
By:
Top
Bottom