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by danarlow
3519 days ago
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True, but it pretty definitively refutes the hypothesis that raising the minimum wage to $15 would dramatically increase unemployment in any reasonable setting. That is an important result. Now can have a discussion about the costs and benefits without the fear mongering. Also, here's the full article this blog is quoting: https://www.bloomberg.com/view/articles/2016-10-21/doomsayer... |
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How so, if Seattle doesn't have a $15/h minimum wage? It'll only take effect in 2017, and even then, only for large employers that don't pay medical benefits. Under this law, the $15 wage will only be universal in 2021: http://murray.seattle.gov/minimumwage/