Both jurisdictions have higher than national average minimum wages and have lower than national average unemployment rates.Why should it? More pay and less unemployment.In the short run or the long run? Seattle and San Francisco are establishing metrics that gainsay current, accepted dogma. Both jurisdictions have higher than national average minimum wages and have lower than national average unemployment rates.Double the MW overnight and you'll have more on welfare, and you'll compassion that doesn't pay enough.
The right wing has no consistent explanation.
In any Case, in California, for example, we have a Board of Equalization that can stabilize markets not induce chaos in markets. Employers could simply get, Equalized, on the back-end. Employers have accounting departments to help them out.
Both jurisdictions have higher than national average minimum wages and have lower than national average unemployment rates.
And you think that proves that a higher MW doesn't harm MW workers? Dude!!
More pay and less unemployment.
More pay and more unemployment.
What does the supply/demand curve for unskilled labor look like at $7.25?
What does it look like at $15? What does it look like at $30?
Ask an adult. Get back to me.