Seattle's Minimum Wage Has Been a Disaster, as the City's Own Study Confirms
• https://fee.org, Alex TabarrokThe Seattle Minimum Wage Study, a study supported and funded in part by the Seattle city government, is out with a new NBER paper evaluating Seattle's minimum wage increase to $13 an hour and it finds significant disemployment effects that on net r
The two points not mention are, of course: 1) The minimum wage forced businesses to become more efficient so they could afford to stay in business, which included layoffs; 2) Employees cut their own hours because they don't need as many now that they have higher wages, which shows how much they love their jobs.