New Study: Guess Who’s Getting The Shaft From Seattle’s Minimum-Wage Hike?

 The new study has found that jobs and work hours fell for Seattle’s lowest paid employees after the city raised the minimum wage to $13 last year. 

The analysis shows that jobs and hours for those workers declined faster in Seattle than in surrounding control areas, where the minimum wage did not increase. . .

It’s not just the scope of the losses, but the losses themselves which are remarkable for the public debate. Advocates of minimum-wage hikes routinely decry the plight of low-wage earners (and not for no good reason), but the impact of this policy doesn’t improve their lives; it actively makes matters worse. As the opportunities for unskilled workers dry up, they have fewer opportunities to earn any living, while the labor market shifts to better-skilled workers who already had an advantage in the marketplace. In the meantime, the added labor costs also will force the cost of living upward, making the decline for unskilled workers even more dramatic.

Article f/ Hot Air