Minimum Wage
Seattles Minimum Wage Hike Is Boosting Child-Care Costs But Not Food Prices
Findings are from University of Washington research focused on the Impact of the city-mandated pay increase.
Two recent studies conducted by researchers at the University of Washington zeroed in on the impact of the 2014 Seattle minimum wage law, which increases the base wage incrementally through 2021 to $15 per hour. The study found that the rising wage standard is taking a bite out of child-care businesses in the city, causing…
Virgin on Business: Studies in Confusion
Determining the actual impact of a rising minimum wage isnt that easy.
If you printed out all the studies purporting to show higher minimum wages as a job destroyer or the opposite, youd have the raw materials for a duplicate Great Wall of China, if youre in the market for a knock-off tourist attraction. What you likely wouldnt have is a conclusion, either to the studies or…
Paying the Price for $15 an Hour
With the economy soaring, its hard to gauge the effectiveness of Seattles minimum-wage hike. Some small-business owners remain dubious.
When the Seattle City Council passed the $15 minimum- wage ordinance in June 2014, David Lee, founder and CEO of the Field Roast Grain Meat Company, was not happy. The minimum wage hurts businesses like ours that compete on a national level, says Lee, who believes it makes employers feel cheap and weakens the goodwill…