Seattle's groundbreaking minimum wage hike hurt the low-income people that it was meant to help, according to a report prepared for the city council.Read more here.
...Researchers from the University of Washington found that low-income workers saw their pay fall drastically when the city moved to the $13 mark in 2015. Companies reduced the number of hours that employees worked to cope with the increased labor costs.
"The lost income associated with the hours reductions exceeds the gain [in hourly rates]," the report says. "The average low-wage employee was paid $1,897 per month. The reduction in hours would cost the average employee $179 per month, while the wage increase would recoup only $54 of this loss, leaving a net loss of $125 per month (6.6%), which is sizable for a low-wage worker."
This blog is looking for wisdom, to have and to share. It is also looking for other rare character traits like good humor, courage, and honor. It is not an easy road, because all of us fall short. But God is love, forgiveness and grace. Those who believe in Him and repent of their sins have the promise of His Holy Spirit to guide us and show us the Way.
Saturday, July 01, 2017
Hurting the people it was supposed to help!
Bill McMorris reports at the Washington Free Beacon,
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