What the workers of Seattle can look forward to

It seems that a Seattle suburb got a jump on the $15 minimum wage trend.  It is now experiencing the consequences:

At the start of the year, the Seattle suburb of SeaTac raised the area’s minimum wage to $15, and the consequences are now starting to be felt. And it’s not just the unions who championed the effort, or those who still have jobs, that are feeling them.

Over the last few months, a few things have happened:

  • Managers have taken more responsibilities on themselves, instead of hiring more workers.
  • Businesses have laid off workers, or eliminated their plans to hire more.
  • Area parking now comes with an added “living-wage surcharge.”
  • Hotels have cut employee benefits, free food, and overtime.

You can’t ignore the laws of economics, even if you live in Seattle.

 

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Categories: Economic Illiteracy, Government Shenanigans, Minimum Wage, Price Controls

Tags: , ,

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