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What if they raised the minimum raise to $15 an Hour?

Seattle Voted to Hike the Minimum Wage to $15 an Hour. Here’s What Happened to Seattle’s Job Market.

Data shows that the Seattle Metropolitan Statistical Area (MSA) lost 700 restaurant jobs from January to September of this year, and a report from the American Enterprise Institute suggests that this could be the product of adverse effects of minimum wage hikes on restaurant jobs.
“What is also noteworthy about the loss of Seattle restaurant jobs this year is the fact that restaurant employment in the rest of Washington state is booming this year,” writes Mark Perry, an AEI scholar and professor of economics and finance at the University of Michigan’s Flint campus.

After wage hikes started to apply, canned tuna industry employers began to lay off and cut hours of employees. One cannery shut down in 2009.

See folks, while the government can set the price of labor, it cannot set the value of labor; only the free market can to that. And when the cost of labor exceeds the value of labor, those jobs go away. http://dailysignal.com/2015/10/22/s...rPUfGjI4ATsthNK+TFAwTG5toziV8R7jHKM1t0sEQWBHm
 
This is what the $15 minimum wage will bring us.
I love it.

20150524_mcd.jpg
 
This is what the $15 minimum wage will bring us.
I love it.

20150524_mcd.jpg

And now, since those formerly employed, unskilled laborers can't install, program or maintain these kiosks, they're even further from having a job- all thanks to liberals!
 
The only problem is...Seattle's minimum wage is not yet $15. It is just $11 an hour at this time. In addition, the job growth rate in Seattle is higher than average. Restaurants have boomed for years...and Seattle itself is becoming ever more expensive.



While the overall job growth rate this year for the Seattle MSA is higher than the national average, the drop in restaurant jobs stands out. The past three years have seen restaurant employment in the Seattle MSA area at an average job gain of almost 4,000 employees during January-September, according to Perry’s work.

“One likely cause of the stagnation and decline of Seattle area restaurant jobs this year is the increase in the city’s minimum wage,” Perry wrote.

The Seattle City Council passed a $15 minimum wage ordinance that is currently being phased in. On April 1, the minimum wage jumped to $11 per hour.

But correlation does not necessarily mean causation...
 
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