turns out raising the minimum wage isn’t the panacea you’ve been promised:

The numbers of hours worked by low-wage workers fell by 3.5m hours per quarter. This was reflected both in 1000s of job losses and reductions in hours worked by those who retained their jobs. this reduced income paid to low-wage employees of single-location Seattle businesses by $120m on an annual basis.” On average, low-wage workers lost $125 per month.

• Uncategorized