Tuesday, August 4, 2015

[VIDEO] Seattle’s $15 Minimum Wage Law Just Came Back To Bite Them In A Totally Unexpected Way

Early indicators suggest that the $15 minimum wage is a "lose, lose" proposition for employers and employees.
As the push continues in various locations around the country to raise the minimum wage to $15 per hour, the real world consequences of such a move have begun to surface.
Seattle became the first city in the nation to implement the $15 per hour minimum wage this past spring. Fox News reports that one unintended effect is that workers who are earning the higher wage are asking for fewer hours, so they can remain eligible for low income government benefits like childcare and tax credits.
Full Life Care, a home nursing nonprofit, told KIRO-TV in Seattle that several workers want to work less.
Local radio talk show host Jason Rantz on KIRO-FM noted the irony: “If [employees] cut down their hours to stay on those subsidies because the $15 per hour minimum wage didn’t actually help get them out of poverty, all you’ve done is put a burden on the business and given false hope to a lot of people.”
“Despite a booming economy throughout western Washington, the state’s welfare caseload has dropped very little since the higher wage phase began in Seattle in April. In March 130,851 people were enrolled in the Basic Food program. In April, the caseload dropped to 130,376,” according to Fox News.

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