How Seattle's Wage Hike Has Hurt Workers

Seattle's $15 per hour minimum wage seems to be having a negative impact on low-wage workers, at least according to a new study by the National Bureau of Economic Research.

Since the bill increasing the minimum wage in Seattle was unanimously passed three years ago, many local employers haven’t been able to afford the new minimum — resulting cut payrolls, delayed hiring, reduced hours — and in the worst cases, workers being let go, according to The Washington Post. Not to mention a surge in automation due to this “price motivation” – the higher minimum wage makes automation a much more affordable alternative.

The study estimates low-wage workers in Seattle now lose an average of $125 per month due to the hike. (http://money.cnn.com/2017/06/26/news/seattle-minimum-wage-15/index.html?source=linkedin)