otto105
Diamond Member
- Sep 11, 2017
- 34,221
- 10,938
- 1,315
Take a readSeattle passed a $15 minimum wage law in 2014. Here's how it's turned out so far
Seattle's law is now at the forefront of a national debate over the impacts of progressive wage increases.www.cnbc.com
"
Its employees opted to work fewer hours as their wages rose, a tall order in a tight labor market.
“We thought with higher wages it would be easier to get people to take more hours, but it’s been the opposite,” said Jasmine Donovan, president of Dick’s. She added that the company has had to raise prices for the first time in its history because of the cost of labor alone, whereas in the past, food costs drove such hikes."
Two new studies published about the Seattle minimum wage ordinance