On their own, these results appear unremarkable. Large stacks of academic papers have shown that, for the average worker, a minimum-wage increase does more good in raising pay than it hurts by prompting some employers to cut back on hiring or hours. They did not observe such effects for a minimum-wage increase the year before. The earlier paper created an immediate political sensation, not least because the researchers had access to highly detailed data on worker wages and hours — the kind of information generally not available to the authors of other studies. Conservative politicians and news outlets quickly hailed the findings. Liberals, for their part, gnashed their teeth over the result, pointing out a variety of methodological flaws that could have skewed it.
Study: Seattle's $15 Minimum Wage WORKED
The West Coast Case Against Ending the Tip Credit Nationwide - zazoom.info
When Seattle began raising its minimum wage five years ago, local burger joint Dick's Drive-In experienced an unintended effect. Its employees opted to work fewer hours as their wages rose, a tall order in a tight labor market. 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. Businesses like Dick's have seen their costs go up. Benefits like k plans and health insurance are also available to workers regardless of the number of hours worked.
A new study of Seattle’s minimum wage hike shows who it helps, and who it hurts
Fox News called me a socialist whose employees would be on bread lines. Always invest in people. The company's customer base has also doubled, he said in a post on Twitter. The CEO has appeared on various financial cable news channels in recent years to spread his business philosophy of spending more on employees rather than cutting expenses and trimming fat.
Minimum wage laws have been in effect in the United States since The rate has changed nationally more than 20 times since then. But some feel the increases haven't been enough, leading to heated debates over whether or not federal and state governments should raise the minimum wage.