Skip to comments.6 Big Cities See Hiring Fade After Minimum Wage Hikes
Posted on 01/09/2016 10:23:38 AM PST by QT3.14
U.S. cities that implemented big minimum-wage hikes to $10 an hour or more in 2015 have seen a strikingly similar aftermath: Job gains have fallen to multiyear lows at restaurants, hotels and other leisure and hospitality venues.
The data aren't, for the most part, stark and reliable enough to amount to smoking-gun proof.
But Chicago, Oakland, San Francisco, Seattle, Los Angeles and Washington, D.C. â all on the leading edge of the push for big minimum wage hikes â all show worrisome job trends.
(Excerpt) Read more at news.investors.com ...
Imagine that. Workers in the Seattle are then asked for less hours so they would qualify for other welfare benefits.
Looks like they will have to readjust those unemployment numbers again....
And they remain blind to the obvious.
” The data aren’t, for the most part, stark and reliable enough to amount to smoking-gun proof. “
Then why are they bothering with this article?
I’m never going to pay $10 for a Big Mac, no matter how many Leftist rail about a living wage.
I’m the consumer. I AM in the drivers seat, not the social activists.
If they are that savvy they ought to enroll in the local community college and get that piece of paper which would entitle them to more money than minimum wage + chump change.
Woah! I didn’t expect this to happen! /sarc
If governments can require businesses pay a minimum wage, then why can’t the also require a minimum number of employees? Same principal and no less unconstitutional.
Alas, Los Angeles county also joined in the giving away of other people's money, so our job market is dramatically drying up.
Same here, in those places. They’ll come to understand that their employment depends on customers willing to spend money, and as the cost difference between eating out and eating in increases, less jobs for them.
So not tipping them is actually doing them a favor, at least in my book, since my other option is simply staying home.
How could this happen?
It was just as well thought out as other democrat plans, like Obamacare, Fast and Furious and training of Syrian “rebels”.
all democRatically run welfare slave mills.
Maybe 15 years ago, one of my daughters worked at a couple Starbucks. She noticed that many people were hooked on Starbucks, coming in perhaps three times a day. It cost a lot back then, and prices are sky high now to cover higher wages. I imagine people don't go more than once a day now, if at all because of hiked prices. I don't go there, as I can get a cheaper coffee anywhere else than Starbucks.
The so-called “living wage” is meaningless in the face of a fiat currency whose value always goes down. Average male income back in 1959, in 2015 dollars (take note), was about $44K (also regarded as average family income; that’s a little over $21/hour); and even female workers who were working full-time in that year averaged the equivalent of over $28K.
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