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If someone works two jobs, 80 hours a week for $7.25 and then get $15 an hour and work 40 hours a week instead to spend more time with family, thats a 50% decline in worked hours. You are assuming that every reduction in worked hours is the result of employers cutting staff and hours.
They have some need to do that. I don't know why Trump supporters are obsessed with Seattle. Maybe it's because Trump only got 8% of the vote. Reduced hours at higher pay means more time.
A ‘very credible’ new study on Seattle’s $15 minimum wage has bad news for liberals
unpossible!
Quote:
Seattle's $15-an-hour minimum wage law has cost the city jobs, according to a study released Monday that contradicted another new study published last week.
A University of Washington team studying the law's effects found that the law has boosted pay in low-wage jobs since it took effect in 2015, but that it also caused a 9 percent reduction in hours worked, The Seattle Times reported ( https://goo.gl/G1Vr64 ). For an average low-wage Seattle worker, that's a loss of about $125 per month, the study said.
"If you're a low-skilled worker with one of those jobs, $125 a month is a sizable amount of money," said Mark Long, one of the authors. "It can be the difference between being able to pay your rent and not being able to pay your rent."
They have some need to do that. I don't know why Trump supporters are obsessed with Seattle. Maybe it's because Trump only got 8% of the vote. Reduced hours at higher pay means more time.
This paper evaluates the wage, employment, and hours effects of the first and second phase-in of the Seattle Minimum Wage Ordinance, which raised the minimum wage from $9.47 to $11 per hour in 2015 and to $13 per hour in 2016. Using a variety of methods to analyze employment in all sectors paying below a specified real hourly rate, we conclude that the second wage increase to $13 reduced hours worked in low-wage jobs by around 9 percent, while hourly wages in such jobs increased by around 3 percent. Consequently, total payroll fell for such jobs, implying that the minimum wage ordinance lowered low-wage employees’ earnings by an average of $125 per month in 2016. Evidence attributes more modest effects to the first wage increase. We estimate an effect of zero when analyzing employment in the restaurant industry at all wage levels, comparable to many prior studies.
Business owners didn't fire workers when required to increase their pay by government mandate to $13 in Seattle. The employers cut employee hours resulting in a lower income for minimum wage workers......an income loss to workers of $1500 a year.
Quote:
Originally Posted by T-310
It was inevitable.
You can get $30 an hour. But meaningless without the hours.
Something liberals can't fathom.
The American Fascist party may be creating studies in an effort to keep the poor desperate, but this is an excellent opportunity to show everyone how trickle down economics works.
But trickle down economics never happens without legislation does it?
uh, I didn't make a claim. a group of economists at the U. of Washington did:
Quote:
"This strikes me as a study that is likely to influence people," said David Autor, an economist at the Massachusetts Institute of Technology who was not involved in the research. He called the work "very credible" and "sufficiently compelling in its design and statistical power that it can change minds." https://www.washingtonpost.com/news/...=.e9fc20116a8a
This paper evaluates the wage, employment, and hours effects of the first and second phase-in of the Seattle Minimum Wage Ordinance, which raised the minimum wage from $9.47 to $11 per hour in 2015 and to $13 per hour in 2016. Using a variety of methods to analyze employment in all sectors paying below a specified real hourly rate, we conclude that the second wage increase to $13 reduced hours worked in low-wage jobs by around 9 percent, while hourly wages in such jobs increased by around 3 percent. Consequently, total payroll fell for such jobs, implying that the minimum wage ordinance lowered low-wage employees’ earnings by an average of $125 per month in 2016. Evidence attributes more modest effects to the first wage increase. We estimate an effect of zero when analyzing employment in the restaurant industry at all wage levels, comparable to many prior studies.
Business owners didn't fire workers when required to increase their pay by government mandate to $13 in Seattle. The employers cut employee hours resulting in a lower income for minimum wage workers......an income loss to workers of $1500 a year.
We tried to tell them the consequences of raising minimum wage...it was really mean spirited of us. They just got angry with us. We should have let them discover for themselves, without a heads up.
Quote:
Originally Posted by PCALMike
If someone works two jobs, 80 hours a week for $7.25 and then get $15 an hour and work 40 hours a week instead to spend more time with family, thats a 50% decline in worked hours. You are assuming that every reduction in worked hours is the result of employers cutting staff and hours.
There's always an exception, but it's not the rule. Even with health care changes people got knocked down to part time status so that the employer would save on benefits. Same thing happens with minimum wages that are more than the business can handle.
Why should your boss subsidize you? If you only work 40 hours and cost the company the same, who gets paid for the other 40 hours that you used to do? or did it take you 80 hours to do 40 hours worth of work?
Quote:
Originally Posted by PCALMike
Its an obsession. This study from Seattle released a few days ago says the opposite of what you claim:
As far as I'm concerned, the entire west coast, as beautiful as the geography is, could form its own little country and secede, never to bother the rest of us again. They are already in a world of their own.
Quote:
Originally Posted by InformedConsent
MANY of us tried to warn them. Now, their low-income earners are earning even less.
Good job, libs.
yep. good job.
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A ‘very credible’ new study on Seattle’s $15 minimum wage has bad news for liberals
