View Full Version : Businesses brace for serious cuts for $15 minimum wage
Winehole23
03-19-2015, 11:55 AM
When Washington residents voted in 1998 to raise the state’s minimum wage and link it to the cost of living, opponents warned the measure would be a job-killer. The prediction hasn’t been borne out.
In the 15 years that followed, the state’s minimum wage climbed to $9.32 -- the highest in the country. Meanwhile job growth continued at an average 0.8 percent annual pace, 0.3 percentage point above the national rate. Payrolls at Washington’s restaurants and bars, portrayed as particularly vulnerable to higher wage costs, expanded by 21 percent. Poverty has trailed the U.S. level for at least seven years.
http://www.bloomberg.com/news/articles/2014-03-05/washington-shows-highest-minimum-wage-state-beats-u-s-with-jobs
boutons_deux
03-19-2015, 11:59 AM
http://www.bloomberg.com/news/articles/2014-03-05/washington-shows-highest-minimum-wage-state-beats-u-s-with-jobs
the "opponents", like business, business orgs, etc. got nothing but LIES and FUD.
Studies going back DECADES shows that raising the minimum wage has little or no effect on unemployment.
"opponents" scream higher minimum wage causes job losses, as if they GAF about jobs
boutons_deux
03-19-2015, 12:02 PM
Why do people insist on thinking that minimum wage should be a living wage?
to get Ms off (taxpayer-funded) public assistance, raise Ms out of poverty (esp single women with kids), and push all the other wages UP to compensate a little for the 35 years of real wage stagnation and decline.
boutons_deux
04-02-2015, 04:51 PM
State Minimum Wage Map (http://www.ritholtz.com/blog/2015/04/state-minimum-wage-map/)
http://www.ritholtz.com/blog/wp-content/uploads/2015/04/minimum-wage-map.jpg
http://www.ritholtz.com/blog/2015/04/state-minimum-wage-map/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+TheBigPicture+%28The+Big+Pict ure%29
Coastal Socialism! :lol
Slutter McGee
04-03-2015, 05:00 PM
bouton,
I am going to try an educate you a little bit. Here is what you have correct: On the aggregate the net change of employment will not be huge for a small increase in the minimum wage. I might even be positive.
But I don't think you have thought through the actual effects of a minimum wage increase.
1. It will hurt small businesses but may actually help huge corporations. I can share the data if you request. Large corporations have a smaller marginal cost and can absorb a wage increase. Where as small businesses can only deal with a wage increase by raising prices.
2. It will hurt low turnover businesses and may help large turnover businesses.
3. It will hurt poor and minority kids, at least on the margins: Dollars have lower utility to more affluent kids who are better educated. An increase in the wage is going to cause them to look for jobs. They also have a higher marginal product of labor. Businesses will substitute away from poorer teens.
4. There will be a negative effect on education, as less people go back to school, leading somebody not to increase their marginal product of labor.
5. Tying the minimum wage to CPI would be stupid. CPI has substitution and quantity bias issues and overstates inflation. It is also an aggregate data set. Labor markets vary highly by location and have different elasticity, cost of living etc.
I can actually show you the data if you don't believe me.
Slutter McGee
TDMVPDPOY
04-04-2015, 09:18 AM
bringin in more visa working migrants doesnt solve shit like driving down the avg salary
u pay people peanuts, u get peanuts...
Slutter McGee
04-05-2015, 09:28 PM
Bouton's don't be shy. Read my post. We can see if you have the ability for intellectual thought and reasoning, in addition to your incredible ability to parrot liberal talking points.
Come on, Argue with somebody who knows what the fuck they are talking about. You can do it. Give it a shot.
Slutter McGee
boutons_deux
04-05-2015, 09:36 PM
Bouton's don't be shy. Read my post. We can see if you have the ability for intellectual thought and reasoning, in addition to your incredible ability to parrot liberal talking points.
Come on, Argue with somebody who knows what the fuck they are talking about. You can do it. Give it a shot.
Slutter McGee
I'll bitch slap you tomorrow, wait for it.
Slutter McGee
04-05-2015, 09:54 PM
I'll bitch slap you tomorrow, wait for it.
I will be waiting.
angrydude
04-05-2015, 10:49 PM
http://shiftwa.org/more-seattle-restaurants-close-doors-as-15-minimum-wage-approaches/?utm_content=buffer1cf66&utm_medium=social&utm_source=facebook.com&utm_campaign=buffer
More Seattle restaurants close doors as $15 minimum wage approaches
Seattle’s $15 minimum wage law goes into effect on April 1, 2015. As that date approaches, restaurants across the city are making the financial decision to close shop. The Washington Policy Center writes that “closings have occurred across the city, from Grub in the upscale Queen Anne Hill neighborhood, to Little Uncle in gritty Pioneer Square, to the Boat Street Cafe on Western Avenue near the waterfront.”
Of course, restaurants close for a variety of reasons. But, according to Seattle Magazine, the “impending minimum wage hike to $15 per hour” is playing a “major factor.” That’s not surprising, considering “about 36% of restaurant earnings go to paying labor costs.” Seattle Magazine,
“Washington Restaurant Association’s Anthony Anton puts it this way: “It’s not a political problem; it’s a math problem.”
“He estimates that a common budget breakdown among sustaining Seattle restaurants so far has been the following: 36 percent of funds are devoted to labor, 30 percent to food costs and 30 percent go to everything else (all other operational costs). The remaining 4 percent has been the profit margin, and as a result, in a $700,000 restaurant, he estimates that the average restauranteur in Seattle has been making $28,000 a year.
“With the minimum wage spike, however, he says that if restaurant owners made no changes, the labor cost in quick service restaurants would rise to 42 percent and in full service restaurants to 47 percent.”
Restaurant owners, expecting to operate on thinner margins, have tried to adapt in several ways including “higher menu prices, cheaper, lower-quality ingredients, reduced opening times, and cutting work hours and firing workers,” according to The Seattle Times and Seattle Eater magazine. As the Washington Policy Center points out, when these strategies are not enough, businesses close, “workers lose their jobs and the neighborhood loses a prized amenity.”
A spokesman for the Washington Restaurant Association told the Washington Policy Center, “Every [restaurant] operator I’m talking to is in panic mode, trying to figure out what the new world will look like… Seattle is the first city in this thing and everyone’s watching, asking how is this going to change?” The Washington Policy Center,
“Seattle is rightly famous for great neighborhood restaurants. That won’t change. What will change is that fewer people will be able to afford to dine out, and as a result there will be fewer great restaurants to enjoy. People probably won’t notice when some restaurant workers lose their jobs, but as prices rise and some neighborhood businesses close, the quality of life in urban Seattle will become a little bit poorer.”
Hurrah for unemployment?
Everyone knows $0 > $15
ChumpDumper
04-05-2015, 10:55 PM
http://shiftwa.org/more-seattle-restaurants-close-doors-as-15-minimum-wage-approaches/?utm_content=buffer1cf66&utm_medium=social&utm_source=facebook.com&utm_campaign=buffer
More Seattle restaurants close doors as $15 minimum wage approaches
Hurrah for unemployment?
Everyone knows $0 > $15So how many restaurants have actually closed?
angrydude
04-05-2015, 11:03 PM
So how many restaurants have actually closed?
You can read the article just like I can.
ChumpDumper
04-05-2015, 11:45 PM
You can read the article just like I can.So no restaurants have closed because of this law.
OK.
Wild Cobra
04-05-2015, 11:49 PM
Angry...
Chump, as much as I like to admit this, might be right...
I didn't see any indication any have closed.
ChumpDumper
04-06-2015, 12:00 AM
1) The linked article says fuck all about any actual restaurant's closing
2) A linked article inside the shitty article actually talks about four restaurants that closed in a month; though the Seattle area should expect to see about 400 closings a year according to their business association. 30 closings would be a less than average month.
3) None of those restaurants closed because of the minimum wage law. Wanna know why? The damn article said so.
4) The wage isn't even $15 at this point.
5) You should read the articles you post if you don't want them to be read to you like this.
Slutter McGee
04-07-2015, 06:33 PM
I'll bitch slap you tomorrow, wait for it.
Still waiting boutons....or have you figured out that your liberal bullshit talking points don't reflect reality?
Waiting...for you to bitch slap me, then I will use actual evidence, studies, and real statistics to prove you are an idiot.
Slutter McGee
boutons_deux
04-08-2015, 05:35 AM
Still waiting boutons....or have you figured out that your liberal bullshit talking points don't reflect reality?
Waiting...for you to bitch slap me, then I will use actual evidence, studies, and real statistics to prove you are an idiot.
Slutter McGee
The Slut gets rope-a-doped! Sucker punch coming soon! :lol
Slutter McGee
04-08-2015, 05:34 PM
The Slut gets rope-a-doped! Sucker punch coming soon! :lol
Yeah, that sure was something. I tell you the truth and challenge you to tell me I am wrong. You say you are going to to do it, then back out like a little bitch when you realize I am right.
You sure got me there.
Slutter McGee
Th'Pusher
04-08-2015, 07:45 PM
Yeah, that sure was something. I tell you the truth and challenge you to tell me I am wrong. You say you are going to to do it, then back out like a little bitch when you realize I am right.
You sure got me there.
Slutter McGee
How do you know he is not thoughtfully preparing his response? It's not like he's ignoring you. I suggest you wait patiently
TeyshaBlue
04-08-2015, 09:28 PM
lol @ thoughtful.
angrydude
04-08-2015, 10:35 PM
1) The linked article says fuck all about any actual restaurant's closing
2) A linked article inside the shitty article actually talks about four restaurants that closed in a month; though the Seattle area should expect to see about 400 closings a year according to their business association. 30 closings would be a less than average month.
3) None of those restaurants closed because of the minimum wage law. Wanna know why? The damn article said so.
4) The wage isn't even $15 at this point.
5) You should read the articles you post if you don't want them to be read to you like this.
Here are two stores so far that have closed specifically because of a $15 minimum wage (one in Seattle, one in San Francisco) and were savvy enough to advertise in the media they were specifically closing because of the minimum wage law you smug piece of shit (because if they hadn't people like you who are incapable of reasoning would be confused and think they were closing for some other reason). I hate to bold the important parts but I don't want you to have to think too hard. Because everyone knows that every business that goes out of business is required to report to the media the specific reason they closed.
http://shiftwa.org/first-casualty-of-seattles-15-minimum-wage/
Seattle’s $15 minimum wage has claimed its first casualty… and the union-driven, completely arbitrary policy has yet to be implemented. Cascade Designs, an outdoor recreational gear manufacturing company, announced it is moving 100 jobs (20% of the workforce) later this year from Seattle to a new plant it is leasing near Reno, Nevada.
Cascade Designs “manufactures MSR camping stoves, Platypus hydration packs, SeaLine dry bags, and Therma-A-Rest sleeping pads — hundreds of products made by workers in Seattle.” The company has offered some employees positions in Reno, but others must reapply.
Founder John Burroughs and son David Burroughs (Vice Chair) said that Seattle’s $15 minimum wage “nudged them into action.” Burroughs wants to keep production in the United States, though the company does have a plant in Ireland. Burroughs said Seattle’s new minimum wage would “eventually add up to a few million dollars a year.”
The need to expand—an expensive prospect in Seattle—added to Cascade Designs’ decision to move.
Cascade Designs isn’t the only casualty of the $15 minimum wage, and it won’t be the last based on experiences elsewhere. In November, San Francisco joined Seattle in passing a $15 minimum wage and the consequences are real. Last week, Borderlands Books, a locally owned bookstore in San Francisco, announced that it would close shop by March 31. After being in business for 18 years, the small business owner said voters’ approval of a $15 minimum wage was the “straw that will finally break his small company’s back.” The Washington Policy Center,
Borderlands Books acknowledges “the major effects of increasing the minimum wage won’t be felt for while,” and the store could prolong the inevitable and continue to stay in business for a bit longer. But the minimum wage increased from $10.74 to $11.05 this year, with another increase to $12.25 scheduled on May 1; no corresponding increase in income means the store will slowly become less and less profitable and will be forced to expend its cash assets. In other words, the store will save more money by closing its doors now.
Abbot’s Cellar and Luna Park, popular locally owned restaurants, have already made the difficult decision to close their doors. The small business owners blamed San Francisco’s wage hike as a factor in their decision. The San Francisco Eater, a local publication following the city’s restaurant scene, predicts that the impact of the $15 minimum is “likely to be repeated by many restaurants that shutter or reformat this year.”
Spurminator
04-08-2015, 10:51 PM
A bookstore closed? That's a shocking development.
Spurminator
04-08-2015, 10:53 PM
In other news, Stan's CD Imporium, Pog Trader's Haven, and the local Glamour Shots also closed their doors, citing the increased minimum wage.
ChumpDumper
04-08-2015, 11:15 PM
Here are two stores so far that have closed specifically because of a $15 minimum wage (one in Seattle, one in San Francisco) and were savvy enough to advertise in the media they were specifically closing because of the minimum wage law you smug piece of shit (because if they hadn't people like you who are incapable of reasoning would be confused and think they were closing for some other reason). I hate to bold the important parts but I don't want you to have to think too hard. Because everyone knows that every business that goes out of business is required to report to the media the specific reason they closed.
http://shiftwa.org/first-casualty-of-seattles-15-minimum-wage/:lol
So a manufacturer moved to a cheaper place as is natural and a bookstore closed.
Good for them.
Do they still have Blockbuster Video up there? That might be next.
Slutter McGee
04-09-2015, 02:05 AM
:lol
So a manufacturer moved to a cheaper place as is natural and a bookstore closed.
Good for them.
Do they still have Blockbuster Video up there? That might be next.
With this increase in the MW (It is strictly binding instead of just binding), small businesses are going to see a reduction in employment. The possible positive increase in Employment in High Turnover and Larger businesses will not be able to offset it. The big question is how much and will the decrease be statistically significant. Job creation will slow, but I doubt we see much reduction in the job destruction rate so I don't expect this will turn Seattle into Detroit over night.
This is just economic reality.
Slutter McGee
boutons_deux
04-16-2015, 02:09 PM
Americans Favor Fifteen Dollars an Hour for Congress
WASHINGTON – Americans took to the streets in large numbers on Thursday to show their support for a fifteen-dollar-an-hour wage for members of Congress.
In major cities across the nation, fast-food workers and other service employees held signs, shouted chants, and gave impassioned speeches to demonstrate their conviction that Congress deserves a maximum hourly wage of fifteen dollars.
“Members of Congress are people, just like you and me,” Tracy Klugian, a McDonald’s employee who took part in the Washington protest, said. “They should be paid what they deserve.”
Assuming that they continue to take off approximately two hundred and forty days a year, members of Congress earning the proposed maximum would see their average annual income adjusted from a hundred and seventy-four thousand dollars to thirteen thousand five hundred dollars, a salary that many marchers called “fair and equitable.”
“I know what members of Congress will say: ‘I can’t live on that,’” Harland Dorrinson, a protester in Chicago, said. “Well, if they want to earn more, they should go out and acquire some skills.”
While organizers of the marches proclaimed today’s protests a success, in some cities the demonstrations met some opposition from counter-protesters, who argued that fifteen dollars was too much.
http://www.newyorker.com/humor/borowitz-report/americans-favor-fifteen-dollars-an-hour-for-congress?mbid=nl_041615_Borowitz&cndid=&mbid=nl_041615_Borowitz&CNDID=&spMailingID=7670291&spUserID=MjczNzc0Njk0NDAS1&spJobID=661569193&spReportId=NjYxNTY5MTkzS0
Winehole23
04-25-2016, 10:13 AM
UW: effects minimal after one year. this is just economic reality.
http://www.washington.edu/news/2016/04/18/early-analysis-of-seattles-15-wage-law-effect-on-prices-minimal-one-year-after-implementation/
boutons_deux
04-25-2016, 11:53 AM
UW: effects minimal after one year. this is just economic reality.
http://www.washington.edu/news/2016/04/18/early-analysis-of-seattles-15-wage-law-effect-on-prices-minimal-one-year-after-implementation/
... which corresponds to DECADES of similar research: raising the minimum was little effect, up or down, on employment.
What do you guys think about Buffett's solution/suggestion:
http://finance.yahoo.com/news/warren-buffett-thinks-there-s-a-smarter-solution-than-just-raising-the-minimum-wage-122322575.html
boutons_deux
04-25-2016, 02:34 PM
Four consequences of a $15 minimum wage
3. The red-state, blue-state divide could get worse.
The dramatic differences in minimum wages soon to be paid across the country could worsen the income gap between rich and poor states.
It's a fissure that has generally narrowed over most of the past century, according to Andrew Gelman, a statistician at Columbia University (http://www.latimes.com/topic/education/colleges-universities/columbia-university-OREDU000097-topic.html) and author of "Red State, Blue State, Rich State, Poor State."
It is generally the richer, Democratic-leaning states, including Maryland, Massachusetts, Washington and Oregon, that have pushed through higher minimum wages in recent years and are candidates to follow California and New York by adopting a statewide $15-an-hour floor.
Most of the 21 states with minimum wages equal to or less than the federal rate are in the so-called Red or Republican-leaning states in the South and the Great Plains.
This distinction matters not just for politics, but in their different approaches to regulation and the economy — differences that appear to be getting sharper with such policies like "super-minimum wage laws," as analysts at the conservative Heritage Foundation call the higher-wage laws.
There is a similar divide when it comes to which states have embraced President Obama's expansion of Medicaid for the poor, giving poor residents in Democratic-led states better access to health coverage than their counterparts in Republican-led states.
Richard Florida, an urban development expert at the University of Toronto, sees the $15-an-hour minimum wage push as an indication of the increasing polarization in America in which there are competing visions: one driven by people in large, dense metropolitan areas with a strong information economy, and the other by folks in rural regions more dependent on resources and real estate.
"We are being ever more sorted by class, by income, by education, by occupation and by political orientation," he said.
http://www.latimes.com/business/la-fi-minimum-wage-impacts-20160421-snap-htmlstory.html
Repug red, slave states doing their best to screw their base, as always.
Will their base ever wise up and start voting their own best economic interests?
or keep voting war, abortion, racism, LGBT-hate, xenophobia, guns as preferred over their incomes?
CosmicCowboy
04-25-2016, 02:57 PM
Bookaki for $160 you can buy a one way bus ticket to Maryland.
boutons_deux
04-25-2016, 02:59 PM
Bookaki for $160 you can buy a one way bus ticket to Maryland.
CosmicParasite, you can GFY
boutons_deux
05-25-2016, 04:17 PM
Fmr. McDonald's USA CEO: $35K Robots Cheaper Than Hiring at $15 Per Hour
http://www.foxbusiness.com/features/2016/05/24/fmr-mcdonalds-usa-ceo-35k-robots-cheaper-than-hiring-at-15-per-hour.html
SpursforSix
05-25-2016, 04:44 PM
Fmr. McDonald's USA CEO: $35K Robots Cheaper Than Hiring at $15 Per Hour
http://www.foxbusiness.com/features/2016/05/24/fmr-mcdonalds-usa-ceo-35k-robots-cheaper-than-hiring-at-15-per-hour.html
did you expect differently?
Fmr. McDonald's USA CEO: $35K Robots Cheaper Than Hiring at $15 Per Hour
http://www.foxbusiness.com/features/2016/05/24/fmr-mcdonalds-usa-ceo-35k-robots-cheaper-than-hiring-at-15-per-hour.html
boutons, this link has two audios going at the same time - can't hear either.
boutons_deux
05-25-2016, 07:58 PM
did you expect differently?
When Repugs and BigCorp speak, I expect they are lying to us.
We'll see how many MacDo franchises buy how many $35K robots per store, and the maintenance contracts that go with them.
The robots are coming - it's inevitable. I hear there's a hotel in Japan running on robots - 24 hours a day, never get tired, no health care costs, no lost vacation time - around $65 a night (iirc) which is cheap for Japan. The robots will be able to make perfect slices of tomatoes, customers will go up to kiosks, put in their order and out will come the food. All those fast food jobs will go the way of the garbage collector, toll collector, (some) bank tellers (replaced by ATMs), and parking lot collectors. And with Artificial Intelligence, I hear even physicists are replacing themselves. Maybe, it'll be like Terminator and Skynet - machines taking over.
SpursforSix
05-25-2016, 10:54 PM
Yup. The robots are coming.
Wild Cobra
05-25-2016, 11:17 PM
Yup. The robots are coming.
I've been working on automation robotics equipment for more than 20 years. Robotics has been here for even longer.
I hate to blow your mind, but the robots are already here!
One of the pieces of equipment I work on easily replaces 1,200 people with six full time operators and 1 automation tech for every three machines.
Winehole23
10-22-2016, 10:23 AM
seems to be working in Seattle:
In 2014, Seattle passed an ordinance to eventually raise the minimum wage in the city to $15 an hour, giving the Pacific Northwest city the highest pay floor in the U.S.
The ink wasn’t even dry on the wage legislation when the dire warnings of economic collapse began. Unemployment would skyrocket, economic growth in the state would be hurt, restaurants and small businesses would close en masse. The deserved punishment would be swift and harsh.
But a funny thing happened on Seattle’s way to economic collapse: the city thrived. Restaurants didn’t close -- they actually prospered -- and new restaurant openings rose. Unemployment fell, most recently to less than 4 percent, more than a full percentage point lower than the national rate. By all accounts, the city on the Puget Sound is booming.
How did the doomsayers get it so wrong? As in so many other cases of politically motivated (http://www.latimes.com/business/hiltzik/la-fi-mh-seattle-s-minimum-wage-kills-jobs-but-data-20160222-column.html) economic analysis, this was what the opponents hoped would happen because it fit with way they think world should work. But given what we know about Seattle (more on that in a bit) higher minimum wages can improve workers’ (http://www.bloomberg.com/news/articles/2013-11-27/what-a-higher-minimum-wage-does-for-workers-and-the-economy) living standards and stimulate the local economy.
https://www.bloomberg.com/view/articles/2016-10-21/doomsayers-keep-getting-it-wrong-on-higher-minimum-wages
Winehole23
10-22-2016, 10:24 AM
should they still be bracing for cuts, TSA, or will you admit you got this one wrong?
A ‘very credible’ new study on Seattle’s $15 minimum wage has bad news for liberals
When Seattle officials voted three years ago to incrementally boost the city's minimum wage up to $15 an hour, they'd hoped to improve the lives of low-income workers. Yet according to a major new study that could force economists to reassess past research on the issue, the hike has had the opposite effect.
The city is gradually increasing the hourly minimum to $15 over several years. Already, though, some employers have not been able to afford the increased minimums. They've cut their payrolls, putting off new hiring, reducing hours or letting their workers go, the study found.
The costs to low-wage workers in Seattle outweighed the benefits by a ratio of three to one, according to the study, conducted by a group of economists at the University of Washington who were commissioned by the city. The study, published as a working paper Monday by the National Bureau of Economic Research, has not yet been peer reviewed.
On the whole, the study estimates, the average low-wage worker in the city lost $125 a month because of the hike in the minimum.
The paper's conclusions contradict years of research on the minimum wage. Many past studies, by contrast, have found that the benefits of increases for low-wage workers exceed the costs in terms of reduced employment -- often by a factor of four or five to one.
"This strikes me as a study that is likely to influence people," said David Autor, an economist at the Massachusetts Institute of Technology who was not involved in the research. He called the work "very credible" and "sufficiently compelling in its design and statistical power that it can change minds."
Yet the study will not put an end to the dispute. Experts cautioned that the effects of the minimum wage may vary according to the industries dominant in the cities where they are implemented along with overall economic conditions in the country as a whole.
And critics of the research pointed out what they saw as serious shortcomings. In particular, to avoid confusing establishments that were subject to the minimum with those that were not, the authors did not include large employers with locations both inside and outside of Seattle in their calculations. Skeptics argued that omission could explain the unusual results.
"Like, whoa, what? Where did you get this?" asked Ben Zipperer, an economist at the left-leaning Economic Policy Institute (EPI) in Washington.
"My view of the research is that it seems to work," he said. "The minimum wage in general seems to do exactly what it’s intended to do, and that’s to raise wages for low-wage workers, with little negative consequence in terms of job loss."
Economists might not readily dismiss the new study as an outlier, however. The paper published Monday makes use of more detailed data than have been available in past research, drawing on state records of wages and hours for individual employees.
As a result, the paper is likely to upend a debate that has continued among economists, politicians, businesses and labor organizers for decades. In particular, the results could exacerbate divisions among Democrats, who are seeking an economic agenda to counter President Trump's pitches for protectionism, reduced taxes and restrictions on immigration.
Meanwhile, states and cities around the country are continuing to implement increases in the minimum wage. In November, voters in Washington approved an increase in the statewide minimum to $13.50 an hour by 2020. The idea is popular in conservative states as well. In Arizona, for instance, the minimum wage will be $12 an hour in 2020 after voters there cast ballots in favor of a hike.
"If I were a Seattle lawmaker, I would be thinking hard about the $15 an hour phase-in," Autor said.
What makes this study different
Economists have long argued that increasing the minimum wage will force some employers to let workers go. In 1994, however, economists David Card and Alan Krueger published research on minimum wages in Pennsylvania and New Jersey that contradicted this theory, motivating dozens of studies into the issue over the coming years.
Card and Krueger conducted a survey of fast-food restaurants in the two states while New Jersey was implementing an increase in the minimum wage. They found that restaurants in New Jersey had, in fact, added more workers to their payrolls more than restaurants in neighboring Pennsylvania, where the minimum wage remained constant.
Since then, economists have brought better data and more sophisticated statistical methods to bear on the question of the minimum wage, but without resolving the debate.
Their studies examined the overall numbers of workers or their annual incomes, but lacked precise information on how much workers were being paid by the hour. As a result, past research might be less reliable because the results might reflect many workers who are not paid low wages, said Jacob Vigdor, an economist at the University of Washington and one of the authors of the new study.
Their research, using detailed records from the state of Washington, addresses that problem.
"That’s really a step beyond what essentially any past studies of the minimum wage have been able to use," said Jeffrey Clemens, an economist at the University of California, San Diego who was not involved in the research.
When the authors of the study took the same approach as Card and Krueger, measuring overall employment in the restaurant industry, they found similar results. The minimum wage did not substantially affect how many people were working in the industry or how many hours they were working.
The data, however, shows that about seven in 10 workers in Seattle restaurants make more than $13 an hour, suggesting that the overall level of employment in the industry might not be a reliable guide to how the minimum wage affects workers with low pay.
Indeed, while employment overall did not change, that was because employers replaced low-paying jobs with high-paying jobs. The number of workers making over $19 an hour increased abruptly, while the number making less than that amount declined, Vigdor and his colleagues found.
Vigdor said that restaurateurs in Seattle -- along with other employers -- responded to the minimum wage by hiring more skilled and experienced workers, who might be able to produce more revenue for their firms in the same amount of time.
That hypothesis has worrisome implications for less skilled workers. While there those with more ability might be paid more, junior workers might be losing an opportunity to work their way up. "Basically, what we’re doing is we’re removing the bottom rung of the ladder," Vigdor said.
Large businesses
There could be another explanation for the results, however: the fact that large employers are not included. It could be that even if employers with only a single location cut payrolls, large firms expanded at the same time, giving low-wage workers other opportunities to earn money.
Other researchers have found that large employers are better able to raise wages in response to changes in the minimum. Liberal economists often argue workers have less bargaining power when negotiating their contracts at larger firms, and that as a result, employees at those companies are often underpaid in the absence of a wage floor.
"I think they underestimate hugely the wage gains, and they overestimate hugely the employment loss," said Michael Reich, an economist at the University of California, Berkeley who was part of a group that published its own study of the minimum wage in Seattle last week.
Reich's study uses more conventional methods in research on the minimum wage, relying on a publicly available federal survey. His group's data did not allow the researchers to distinguish between high- and low-wage workers at a given firm, but they were able to separate large firms' locations in Seattle from those outside the city.
Their results from the University of California accorded with past research. The minimum wage increased wages for workers in the restaurant industry, without reducing employment overall -- in contrast to the findings from the University of Washington.
"Their results are so out of the range," Reich said.
One way of explaining the disagreement could be that small businesses in Seattle have been forced to downsize in response to the increased minimum wage, while larger firms have expanded.
Yet when Vigdor and his colleagues examined the overall number of workers at small firms with a single location, they did not find that employment had decreased. That fact could could suggest that small businesses have responded to the increase not by downsizing but instead by hiring more experienced workers.
[b]Another big question[/b
There's another explanation for the growth in high-paid jobs and the decrease in lower-paid ones. The authors of the study argue that that's occurring because employers are focusing on high-paid workers and leaving low-paid workers out, but it's possible that something far more positive is happening.
Seattle's economy is booming, and in a booming economy, more workers are likely to get raises or find jobs that pay better, and it may be that phenomenon -- of workers getting raises, promotions or better paying jobs -- that explains the shifts in the labor market the researchers see in Seattle.
Vigdor and his colleagues sought to address this problem, in essence, by constructing an index based on data from other parts of the state of Washington where local economies performed similarly to Seattle's before the increases in the hourly minimum.
Low-wage employment declined in Seattle relative to this benchmark. Even compared to parts of the state with similar economies, there was less low-wage work in Seattle, suggesting that the minimum wage might have forced employers to cut some of those positions.
The method Vigdor's group used to develop this index is on the cutting edge of economic research, but it is not perfect. It is possible that Seattle's economy simply took a different direction at the same time as the minimum wage began to increase -- even compared to economies in other places that seemed similar to Seattle's before the vote.
EPI's Zipperer argued that was the best explanation, given how pronounced the gains were for workers making more than $19 an hour.
"You’re just seeing an independent shift in the Seattle labor market toward higher wage employment," he said, calling the figures for better-paid workers "a red flag."
The broader national economy could have an effect on the results as well. In the past, noted San Diego's Clemens, increases in the minimum wage have occurred when the economy was expanding rapidly and prices are going up. Employers could expect to ask consumers to pay more and to give their workers wages anyway. Increases in the minimum wage might just have been part of the cost of doing business.
Currently, though, inflation is at historically low levels, and the minimum wage in Seattle will be indexed to inflation after it reaches $15 an hour, forcing firms to plan for the long term.
Vigdor agreed that the effects of increasing the minimum wage could differ by time and place.
"The effect of the minimum wage depends on a lot of things. It depends on where you’re starting form. It depends on what kind of economy you’re raising it in," Vigdor said. "There is no one 'the effect of the minimum wage.' "
That means that future research on the question could come to different conclusions. Vigdor said he looks forward to receiving criticisms of his group's paper and suggestions for improving their approach.
"It’s really important to emphasize it’s a work in progress," he said.
https://www.washingtonpost.com/amphtml/news/wonk/wp/2017/06/26/new-study-casts-doubt-on-whether-a-15-minimum-wage-really-helps-workers/
Splits
06-26-2017, 01:25 PM
Early evidence from Seattle’s minimum wage
Sylvia Allegretto (http://blogs.berkeley.edu/author/sallegretto), Economist, Co-Chair of the Center on Wage and Employment Dynamics | June 21, 2017
Seattle implemented the first phase of its minimum wage law on April 1, 2015, raising minimum wages from the statewide $9.47 to $10 or $11, depending upon business size, presence of tipped workers and employer provision of health insurance. The second phase began on January 1, 2016, further raising the minimum to four different levels, ranging from $10.50 to $13, again depending upon employer size, presence of tipped workers and provision of health insurance.
In a new CWED brief (http://irle.berkeley.edu/seattles-minimum-wage-experience-2015-16/), my colleagues and I analyze county and city-level data for 2009 to 2016 on workers from the Quarterly Census of Employment and Wages and use the “synthetic control” method to rigorously identify the causal effects of Seattle’s minimum wage policy upon wages and employment. Our study focuses on the Seattle food services industry. This industry is an intense user of minimum wage workers; if wage and employment effects occur, they should be detectable in this industry.
We evaluate the causal effects of minimum wages on wages and employment by using synthetic control estimation. While we can observe wages and employment directly in Seattle, we cannot observe how wages and employment would have evolved if Seattle had not implemented its minimum wage policies. To evaluate the policy empirically, we estimate a counterfactual—what would have happened in a counterfactual or “Synthetic” Seattle, made up of a weighted average of donor countries, that did not raise their minimum wage standards. This is a machine driven procedure. More precisely, the synthetic control method estimates the counterfactual outcomes by constructing an optimally weighted average of counties in non-treated areas that track pay and employment trends in pre-treatment Seattle. See the CWED Brief for more details.
As is evident in Figure 1, wages in affected industries increased. Especially in the lower paying LSR sector. The increases are statistically significant except in FSR-likely due to the introduction of a tip credit. This tells us that we are indeed analyzing an affected workforce, and the policy did as intended.
https://blogs.berkeley.edu/wp-content/uploads/2017/06/seattle-wage.gif (https://blogs.berkeley.edu/wp-content/uploads/2017/06/seattle-wage.gif)
However, employment across these sectors has not decreased—not in an economic sense nor statistically.https://blogs.berkeley.edu/wp-content/uploads/2017/06/emp.gif (https://blogs.berkeley.edu/wp-content/uploads/2017/06/emp.gif)
The phase-in schedule for Seattle will continue through 2021 so this evidence is preliminary. As the policy is completed and data become available we will update this analysis.
CWED brief here (http://irle.berkeley.edu/seattles-minimum-wage-experience-2015-16/)
http://blogs.berkeley.edu/2017/06/21/early-evidence-from-seattles-minimum-wage/
Funny. A week ago everything was looking good!
Pavlov
06-26-2017, 02:12 PM
Seattle now a burning hellscape.
large employers are not includedWhy?
boutons_deux
06-26-2017, 02:28 PM
No data on Seattle $15/hour employees receiving LESS public assistance?
or all y'all rednecks super-pleased with minimum wagers sucking down your tax $Bs to hold their lives together?
RandomGuy
06-26-2017, 02:40 PM
http://blogs.berkeley.edu/2017/06/21/early-evidence-from-seattles-minimum-wage/
Funny. A week ago everything was looking good!
I give it better than even odds TSA just read the headline. The main body of the article seems a bit thin on "bad news" for liberals.
boutons_deux
06-26-2017, 02:45 PM
I give it better than even odds TSA just read the headline. The main body of the article seems a bit thin on "bad news" for liberals.
yep, click bait title. The Seattle results are not fully rolled out, very mixed results so far, and VERY preliminary.
TSA is just another Warrior on (low-paid) Labor.
spurraider21
06-26-2017, 03:16 PM
Seattle now a burning hellscape.
Why?the argument against min wage increases is that small businesses with low payroll cant afford it. nobody questioned walmart's ability to handle higher wages
I give it better than even odds TSA just read the headline. The main body of the article seems a bit thin on "bad news" for liberals.
You little bitches whine about everything :lol I don't decide the titles of the articles
Here is what I thought would happen and it seems to be panning out.
"Indeed, while employment overall did not change, that was because employers replaced low-paying jobs with high-paying jobs. The number of workers making over $19 an hour increased abruptly, while the number making less than that amount declined, Vigdor and his colleagues found.
Vigdor said that restaurateurs in Seattle -- along with other employers -- responded to the minimum wage by hiring more skilled and experienced workers, who might be able to produce more revenue for their firms in the same amount of time.
That hypothesis has worrisome implications for less skilled workers. While there those with more ability might be paid more, junior workers might be losing an opportunity to work their way up. "Basically, what we’re doing is we’re removing the bottom rung of the ladder," Vigdor said."
No data on Seattle $15/hour employees receiving LESS public assistance?
or all y'all rednecks super-pleased with minimum wagers sucking down your tax $Bs to hold their lives together?
According to the study Seattle $15/hour employees will need MORE public assistance
"On the whole, the study estimates, the average low-wage worker in the city lost $125 a month because of the hike in the minimum."
boutons_deux
06-26-2017, 03:59 PM
"On the whole, the study estimates, the average low-wage worker in the city lost $125 a month because of the hike in the minimum."
why was that?
boutons_deux
06-26-2017, 04:13 PM
To repeat, any business that depends on paying poverty wages and being subsidized by taxpayers is a shitty business.
Thread
06-26-2017, 06:20 PM
To repeat, any business that depends on paying poverty wages and being subsidized by taxpayera is a shitty business.
Bouts
Chucho
06-27-2017, 08:46 AM
To repeat, any business that depends on paying poverty wages and being subsidized by taxpayera is a shitty business.
LOL mad that you take orders from "the man" and anyone who drives-thru. Shut the fuck up already and continue beating off to your Hitler posters as you jab and stab innocent woodland creatures with home-made scalpels you demented weirdo.
boutons_deux
06-28-2017, 01:15 PM
Is Seattle’s Minimum Wage Boost Costing Jobs, or Isn’t It?
Economic policy analysts have pushed back against a recent study charging Seattle's minimum wage hike has cost jobs and pay for some workers.
One research team found no evidence of job loss—in keeping with most other minimum wage research. The other suggests pay hikes cost Seattle workers an average of $125 per month. Neither study was peer reviewed. And critics say one study’s methods are superior to the other’s.
The Berkeley economists focused on Seattle’s food industry (http://irle.berkeley.edu/files/2017/Seattles-Minimum-Wage-Experiences-2015-16.pdf), analyzing employment figures before and after the minimum wage increase. They found wages rose, as expected, indicating employers were complying with the new pay scale.
They uncovered no evidence of job loss in the city’s restaurants—even as pay for workers in large establishments climbed from $9.47 an hour in January 2015 to $11 in April 2015 to $13 in January 2016 .
Finding no evidence of job loss was in keeping with the “lion’s share of rigorous academic minimum wage research studies,”
This research (http://www.nber.org/papers/w23532), published as a National Bureau of Economic Research working paper, suggests Seattle workers experienced a slight decline in overall pay due to fewer work hours.
The two studies used different approaches. The University of Washington study included hours and earnings for workers in all industries.
The University of California research concentrated on the food service industry, which is a common data source for minimum wage studies.
Critics point to several shortcomings (http://www.epi.org/publication/the-high-road-seattle-labor-market-and-the-effects-of-the-minimum-wage-increase-data-limitations-and-methodological-problems-bias-new-analysis-of-seattles-minimum-wage-incr/) in the University of Washington research, saying the researchers used flawed study methods that proved insufficient to tease out the effect of the minimum wage from a hot local job market.
Seattle’s unemployment rate is 3.2 percent (https://www.bls.gov/eag/eag.wa_seattle_md.htm).
And when the University of Wash*ing*ton economists focused on the food industry, they found no adverse employment ef*fects—the same as the Berkeley study,
Sachs called the findings from the University of Washington study an outlier.
“Our best explanation for the study’s outsized findings is that the statistical techniques employed were not capable of isolating the effects of the minimum wage from a range of other simultaneous changes in the Seattle labor market,”
Angela Stowell, owner of Ethan Stowell Restaurants, which operates 14 restaurants in the Seattle area, told (https://www.nytimes.com/2017/06/26/business/economy/seattle-minimum-wage.html?mcubz=2) the New York Times it’s too soon to judge the effect of the city minimum wage ordinance. She said
the chain hasn’t cut back on hiring, despite having to pay a higher minimum wage, but has raised some menu prices and adopted a 20 percent service charge.
University of Washington looked at the interplay of consumer prices and Seattle’s minimum wage, and found
“little or no evidence” that Seattle grocery stores, restaurants, and retailers were raising prices, despite having to pay employees the new minimum wage.
62 percent of Seattle employers in the survey initially told researchers they expected to raise prices.
But when the University of Washington team analyzed actual prices, they found the threatened price increases failed to materialize.
Meanwhile, a statewide minimum wage increase in Arizona, which went into effect in January, hasn’t quashed hiring in the restaurant industry.
The number of people working in restaurants and bars in March increased at a rate six times higher (http://tucson.com/business/tucson/employment-at-arizona-restaurants-bars-surges-after-minimum-wage-increase/article_24965faf-067e-529d-ae56-33194d84ab06.html) than the economy as a whole,
https://rewire.news/article/2017/06/28/seattles-minimum-wage-boost-costing-jobs-isnt/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+rhrealitycheck+%28RH+Reality+ Check%29
Thread
06-28-2017, 01:54 PM
Is Seattle’s Minimum Wage Boost Costing Jobs, or Isn’t It?
Economic policy analysts have pushed back against a recent study charging Seattle's minimum wage hike has cost jobs and pay for some workers.
One research team found no evidence of job loss—in keeping with most other minimum wage research. The other suggests pay hikes cost Seattle workers an average of $125 per month. Neither study was peer reviewed. And critics say one study’s methods are superior to the other’s.
The Berkeley economists focused on Seattle’s food industry (http://irle.berkeley.edu/files/2017/Seattles-Minimum-Wage-Experiences-2015-16.pdf), analyzing employment figures before and after the minimum wage increase. They found wages rose, as expected, indicating employers were complying with the new pay scale.
They uncovered no evidence of job loss in the city’s restaurants—even as pay for workers in large establishments climbed from $9.47 an hour in January 2015 to $11 in April 2015 to $13 in January 2016 .
Finding no evidence of job loss was in keeping with the “lion’s share of rigorous academic minimum wage research studies,”
This research (http://www.nber.org/papers/w23532), published as a National Bureau of Economic Research working paper, suggests Seattle workers experienced a slight decline in overall pay due to fewer work hours.
The two studies used different approaches. The University of Washington study included hours and earnings for workers in all industries.
The University of California research concentrated on the food service industry, which is a common data source for minimum wage studies.
Critics point to several shortcomings (http://www.epi.org/publication/the-high-road-seattle-labor-market-and-the-effects-of-the-minimum-wage-increase-data-limitations-and-methodological-problems-bias-new-analysis-of-seattles-minimum-wage-incr/) in the University of Washington research, saying the researchers used flawed study methods that proved insufficient to tease out the effect of the minimum wage from a hot local job market.
Seattle’s unemployment rate is 3.2 percent (https://www.bls.gov/eag/eag.wa_seattle_md.htm).
And when the University of Wash*ing*ton economists focused on the food industry, they found no adverse employment ef*fects—the same as the Berkeley study,
Sachs called the findings from the University of Washington study an outlier.
“Our best explanation for the study’s outsized findings is that the statistical techniques employed were not capable of isolating the effects of the minimum wage from a range of other simultaneous changes in the Seattle labor market,”
Angela Stowell, owner of Ethan Stowell Restaurants, which operates 14 restaurants in the Seattle area, told (https://www.nytimes.com/2017/06/26/business/economy/seattle-minimum-wage.html?mcubz=2) the New York Times it’s too soon to judge the effect of the city minimum wage ordinance. She said
the chain hasn’t cut back on hiring, despite having to pay a higher minimum wage, but has raised some menu prices and adopted a 20 percent service charge.
University of Washington looked at the interplay of consumer prices and Seattle’s minimum wage, and found
“little or no evidence” that Seattle grocery stores, restaurants, and retailers were raising prices, despite having to pay employees the new minimum wage.
62 percent of Seattle employers in the survey initially told researchers they expected to raise prices.
But when the University of Washington team analyzed actual prices, they found the threatened price increases failed to materialize.
Meanwhile, a statewide minimum wage increase in Arizona, which went into effect in January, hasn’t quashed hiring in the restaurant industry.
The number of people working in restaurants and bars in March increased at a rate six times higher (http://tucson.com/business/tucson/employment-at-arizona-restaurants-bars-surges-after-minimum-wage-increase/article_24965faf-067e-529d-ae56-33194d84ab06.html) than the economy as a whole,
https://rewire.news/article/2017/06/28/seattles-minimum-wage-boost-costing-jobs-isnt/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+rhrealitycheck+%28RH+Reality+ Check%29
They'll raise prices as they so choose. There is where the killing ground will be set. If "we" want to spend the extra money we will.
Winehole23
10-28-2018, 11:23 AM
https://pbs.twimg.com/media/Dqm6lDhWkAERywS.jpg
https://pbs.twimg.com/media/Dqm6lDhWkAERywS.jpg
Maybe that chart could be accompanied by one showing the corresponding growth of tech jobs - with Amazon HQ, Google and Facebook increasing their presence in Seattle in the past decade - not counting Microsoft in Redmond.
Pavlov
10-28-2018, 06:09 PM
Maybe that chart could be accompanied by one showing the corresponding growth of tech jobs - with Amazon HQ, Google and Facebook increasing their presence in Seattle in the past decade - not counting Microsoft in Redmond.Maybe someone can show a chart that shows the raise killed jobs in the area up til now.
ElNono
10-28-2018, 06:12 PM
Maybe that chart could be accompanied by one showing the corresponding growth of tech jobs - with Amazon HQ, Google and Facebook increasing their presence in Seattle in the past decade - not counting Microsoft in Redmond.
So you’re saying the $15 an hour didn’t disuade companies from staying in-state and they’re all still booming, and contributing to a healthy local economy...
There goes that myth then.
Spurminator
10-28-2018, 06:22 PM
:lol
Google employs 3,000 people in Seattle. Facebook has 2,000.
Amazon employs 40,000 and is the city's largest employer, but in a metropolis of 2-3 million workers it's still not going to completely skew that graph.
Keep reaching.
Splits
10-28-2018, 06:22 PM
Maybe that chart could be accompanied by one showing the corresponding growth of tech jobs - with Amazon HQ, Google and Facebook increasing their presence in Seattle in the past decade - not counting Microsoft in Redmond.
LOL wut? Do you know how to read?
Isitjustme?
10-28-2018, 07:34 PM
Maybe that chart could be accompanied by one showing the corresponding growth of tech jobs - with Amazon HQ, Google and Facebook increasing their presence in Seattle in the past decade - not counting Microsoft in Redmond.
Confused about how tech jobs relate to that graph of food services employees
Will Hunting
10-28-2018, 07:58 PM
Maybe that chart could be accompanied by one showing the corresponding growth of tech jobs - with Amazon HQ, Google and Facebook increasing their presence in Seattle in the past decade - not counting Microsoft in Redmond.
You should look into killing yourself you halfbred cunt n!gger
Winehole23
10-29-2018, 11:00 AM
^^^you should show her how to do it, you racist dipshit
CosmicCowboy
10-29-2018, 11:06 AM
Well, now we know who Bonnerific is.
Chucho
10-29-2018, 11:14 AM
Well, now we know who Bonnerific is.
:rollin
Will Hunting
10-29-2018, 11:27 AM
Well, now we know who Bonnerific is.
:lol not me
:lol
Google employs 3,000 people in Seattle. Facebook has 2,000.
Amazon employs 40,000 and is the city's largest employer, but in a metropolis of 2-3 million workers it's still not going to completely skew that graph.
Keep reaching.
I'm interested in the growth in tech jobs compared to the growth in food service. How long has the $15 minimum wage been in effect? There does seem to be a small dip at the right edge of the chart.
spurraider21
10-29-2018, 04:31 PM
I'm interested in the growth in tech jobs compared to the growth in food service. How long has the $15 minimum wage been in effect? There does seem to be a small dip at the right edge of the chart.
:lmao
:lmao
I'm glad to be a source of laughter - certainly lifts the mood in here.
Pavlov
10-29-2018, 04:48 PM
I'm interested in the growth in tech jobs compared to the growth in food service. How long has the $15 minimum wage been in effect? There does seem to be a small dip at the right edge of the chart.
It went into effect January 1, 2014 in SeaTac. Been ramping up in Seattle since 2016.
ElNono
10-29-2018, 05:26 PM
Just another thread that blew on TSA’s face, tbh, and where it’s hard to tell if Wild Cobra and rmt are the same poster...
boutons_deux
10-29-2018, 05:43 PM
I think rmt is missing a few parts that WC is looking for
Winehole23
10-29-2018, 06:17 PM
There does seem to be a small dip at the right edge of the chart.that's the Great Recession of 2008-9.
Winehole23
10-29-2018, 06:18 PM
it would look worse if it included all kinds of jobs.
Winehole23
12-21-2018, 12:02 PM
STILL BRACED FOR DEVASTATING CUTS
1076132939409358848
CosmicCowboy
12-21-2018, 12:42 PM
I think rmt is missing a few parts that WC is looking for
But he is diligently searching google earth.
AaronY
12-23-2018, 07:04 AM
To repeat, any business that depends on paying poverty wages and being subsidized by taxpayers is a shitty business.
Boutons so retarded he looks at every business like its megapowerful global force like amazon. Totally ignoring small businesses where the owner maybe takes home $20k if he or she is lucky at the end of the year.
But yeah theyre a piece of shit if they don't want to pay their workers $15 an hour. Trust fund baby logic
Winehole23
03-01-2019, 02:58 PM
Three years into the real time experiment with higher minimum wages, the damage to business and workers is not yet empirically measurable.
https://www.bloomberg.com/amp/opinion/articles/2019-01-24/u-s-economy-higher-minimum-wages-haven-t-increased-unemployment (https://www.bloomberg.com/amp/opinion/articles/2019-01-24/u-s-economy-higher-minimum-wages-haven-t-increased-unemploymentmpid)
RandomGuy
03-02-2019, 10:14 AM
Maybe that chart could be accompanied by one showing the corresponding growth of tech jobs - with Amazon HQ, Google and Facebook increasing their presence in Seattle in the past decade - not counting Microsoft in Redmond.
Indeed.
Cost of living in many places is forcing a lot of businesses to shut down because they can't find workers for the low pay that they are offering. Austin being a good example.
RandomGuy
03-02-2019, 10:16 AM
Three years into the real time experiment with higher minimum wages, the damage to business and workers is not yet empirically measurable.
https://www.bloomberg.com/amp/opinion/articles/2019-01-24/u-s-economy-higher-minimum-wages-haven-t-increased-unemploymentmpid
Pretty much what I have said from the get go.
It is never the doomsday scenario predicted by the right.
RandomGuy
03-02-2019, 10:23 AM
Three years into the real time experiment with higher minimum wages, the damage to business and workers is not yet empirically measurable.
https://www.bloomberg.com/amp/opinion/articles/2019-01-24/u-s-economy-higher-minimum-wages-haven-t-increased-unemploymentmpid
Link is broken. Remove the "mpid" part from the end. Guessing that likely proceeded a cookie string in URL window.
https://www.bloomberg.com/opinion/articles/2019-01-24/u-s-economy-higher-minimum-wages-haven-t-increased-unemployment
Studies tend to predict that employment will be lower, which is the general consensus among economists, but it would seem that the reality departs from the theoretical here.
Reality, of course, is that wealth concentration means that owners can afford more than many think.
RandomGuy
03-02-2019, 10:26 AM
Those who claim that minimum wages are job destroyers have been successful in thwarting an increase in the federal minimum wage for a decade. Yet, the accumulation of data and a shift in the nation’s political currents make it likely that an increase is becoming more acceptable. With the 2020 presidential election already heating up, demands for raising the minimum wage could very well become a defining issue.
Throw that into the mix. Another popular Democratic policy, with actual data supporting it and nullifying standard conservative criticisms.
Here come the robots/machines.
Winehole23
03-02-2019, 02:51 PM
Link is broken. Remove the "mpid" part from the end. Guessing that likely proceeded a cookie string in URL window.Done.
Thanks, RG
Winehole23
08-18-2019, 09:21 PM
NYC restaurant biz decimated by wage hike:
https://amp.businessinsider.com/nyc-restaurant-industry-thriving-after-15-dollar-minimum-wage-2019-8
boutons_deux
08-18-2019, 09:31 PM
NYC restaurant biz decimated by wage hike:
https://amp.businessinsider.com/nyc-restaurant-industry-thriving-after-15-dollar-minimum-wage-2019-8 (https://amp.businessinsider.com/nyc-restaurant-industry-thriving-after-15-dollar-minimum-wage-2019-8)
"New York City's restaurant industry has flourished overall,"
Winehole23
08-18-2019, 10:14 PM
Shush, you
Spurtacular
04-22-2021, 04:06 PM
https://media.gab.com/system/media_attachments/files/072/259/274/original/fcf230bc9aac7de4.jpg
Adam Lambert
04-22-2021, 04:59 PM
As I'm sure you are well aware, those kiosks have been in McDonalds for years. Even a $3 minimum wage isn't stopping that from happening.
Spurtacular
04-22-2021, 05:05 PM
As I'm sure you are well aware, those kiosks have been in McDonalds for years. Even a $3 minimum wage isn't stopping that from happening.
I was not aware, as I don't frequent McSoyBurgers like blake. But I would've figured some have adopted them.
koriwhat
04-22-2021, 05:11 PM
I was not aware, as I don't frequent McSoyBurgers like blake. But I would've figured some have adopted them.
Lmao Neither do I... Who the fuck eats that garbage? I haven't "eaten" McShit since I was like 14 yrs old. Imagine being an atheist and spending like $30-50 grand for your daughter to attend a Catholic school but spending a few dollars on garbage at McShit so you can send your daughter to the ER one day for $30-50 grand with a heart condition due to her obesity. :lol
Winehole23
04-22-2021, 05:22 PM
I was not aware, as I don't frequent McSoyBurgers like blake. (https://www.spurstalk.com/forums/member.php?u=15045) But I would've figured some have adopted them.
https://www.mcdonalds.com/is/image/content/dam/usa/nfl/assets/images/big_mac_publication_1-col_1168x520.jpg?$Publication_One_Column_Desktop$
Twoallsoypattiescrappysauceplasticcheesepicklesoni onsonacyanidebun
Spurtacular
04-22-2021, 05:25 PM
https://www.mcdonalds.com/is/image/content/dam/usa/nfl/assets/images/big_mac_publication_1-col_1168x520.jpg?$Publication_One_Column_Desktop$
This ringing bells. Wasn't there some McDonalds commercial way back that something way long was being recited?
Spurtacular
04-22-2021, 05:26 PM
Lmao Neither do I... Who the fuck eats that garbage? I haven't "eaten" McShit since I was like 14 yrs old. Imagine being an atheist and spending like $30-50 grand for your daughter to attend a Catholic school but spending a few dollars on garbage at McShit so you can send your daughter to the ER one day for $30-50 grand with a heart condition due to her obesity. :lol
Maybe he wants to kill her because he's resentful that it's not really his (biological) daughter.
koriwhat
04-22-2021, 05:28 PM
Maybe he wants to kill her because he's resentful that it's not really his (biological) daughter.
Nah it's probably because she's getting closer to our Lord and learning morals he never learned in life.
Winehole23
04-22-2021, 06:00 PM
This ringing bells. Wasn't there some McDonalds commercial way back that something way long was being recited?You mean like all of them? :lol
I recall TV commercials being recited at school back in the seventies, the jingles sung, the whole bit.
The pre-cable TV/pre-personal PC-world was kinda starved for content relatively speaking, seems to me.
MultiTroll
04-22-2021, 06:21 PM
All politicians to be cut back to $15 an hour.
koriwhat
04-22-2021, 06:23 PM
All politicians to be cut back to $15 an hour.
They should be working for "We the People" for $0. No one asked any of them to run for office and thus it's their civic duty right?
coyotes_geek
04-22-2021, 07:39 PM
NYC restaurant biz decimated by wage hike:
https://amp.businessinsider.com/nyc-restaurant-industry-thriving-after-15-dollar-minimum-wage-2019-8
Prefacing this by reiterating that I'm all for cities and states setting whatever minimum wage they deem appropriate and in their city/state's best interests.
New York City restaurant workers saw their pay increase by 20% after a $15 minimum-wage hike, and a new report says business is booming despite warnings that the boost would devastate the city's restaurant industry.
If increasing the minimum wage 107% from $7.25 to $15 only resulted in a 20% increase in pay to restaurant workers, it sure doesn't sound like there were all that many restaurant workers earning minimum wage or close thereto to begin with.
As New York raised the minimum wage to $15 this year from $7.25 in 2013, its restaurant industry outperformed the rest of the US in job growth and expansion, a new study found.
Seems like an odd comparison to make, NYC restaurant workers to the US as a whole. Economic growth in this country is concentrated in a relatively small handful of major metro areas, with NYC being at or near the top. I would expect NYC's restaurant industry to outperform the country as a whole, minimum wage increase or not.
So in a city with a great economy, raising the minimum wage to $15 didn't decimate one isolated industry where most of the workers in it were making well above federal minimum wage to begin with. Yay, I guess?
coyotes_geek
04-22-2021, 07:42 PM
You mean like all of them? :lol
I recall TV commercials being recited at school back in the seventies, the jingles sung, the whole bit.
The pre-cable TV/pre-personal PC-world was kinda starved for content relatively speaking, seems to me.
I remember radio stations having a contests about who could recite all that the fastest.
Winehole23
04-22-2021, 08:50 PM
Prefacing this by reiterating that I'm all for cities and states setting whatever minimum wage they deem appropriate and in their city/state's best interests.
If increasing the minimum wage 107% from $7.25 to $15 only resulted in a 20% increase in pay to restaurant workers, it sure doesn't sound like there were all that many restaurant workers earning minimum wage or close thereto to begin with.
Seems like an odd comparison to make, NYC restaurant workers to the US as a whole. Economic growth in this country is concentrated in a relatively small handful of major metro areas, with NYC being at or near the top. I would expect NYC's restaurant industry to outperform the country as a whole, minimum wage increase or not.
So in a city with a great economy, raising the minimum wage to $15 didn't decimate one isolated industry where most of the workers in it were making well above federal minimum wage to begin with. Yay, I guess?I agree that a one-size fits all "living wage" won't work, but i also think it's ok for the Congress to set a floor for wages -- a maximum rate of labor exploitation, if you like.
Winehole23
04-22-2021, 10:03 PM
both are overdue by decades imho
Spurtacular
04-23-2021, 05:39 AM
I agree that a one-size fits all "living wage" won't work, but i also think it's ok for the Congress to set a floor for wages -- a maximum rate of labor exploitation, if you like.
I don't like. This leads to cut hours and lower wages in a great many cases.
Winehole23
05-06-2021, 12:59 AM
1389996819665412096
Winehole23
08-17-2023, 01:11 PM
Rutgers study: 3 million Texans are paid less than minimum wage, TWC turns a blind eye to unpaid orders and even charges some of them off without collecting payment.
Stealing is a crime, right?
Why is TWC helping crooked employers get away with it?
To estimate the incidence of minimum wage violations in Texas between 2009 and 2022, this memouses Current Population Survey (CPS) Outgoing Rotation Group data, widely considered the bestpublicly available survey data on hours and earnings. CPS data enable us to identify minimum wageviolations for all covered, nonexempt workers in Texas. Estimates should be considered conservativeunderestimates due to data limitations and methods used.
Also crucial to Texas’ labor standards landscape is the Texas Payday Law, giving workers key wageprotections since its passage in 1989. In order to understand the Texas Workforce Commission(TWC)’s enforcement of wage theft provisions under the Texas Payday Law, the workplace justicelab@RU analyzed 136,420 claims filed from July 2009 to December 2020.We find that wage theft is persistent and widespread in Texas, and that TWC is struggling to keep upwith both claims from workers and collections from employers.
Key findings include:
• Over 3 million workers are estimated to have suffered a minimum wage violation in Texasbetween 2009 and 2022 (3% of all workers, 11% of low-wage workers).
• Minimum wage violations cost individual workers in Texas nearly $4,000 per year onaverage and over $12 billion in aggregate over the last fourteen years.
...
In regard to the enforcement of the Texas Payday Law, we find that:
• While average wages ordered per claim continued to rise from $1,613 in 2010 to $2,249 in2020, the average amount paid during the same period declined slightly from $435 to $406.
• While nearly $99 million in wages were ordered across more than 57,000 cases from2010 to 2020, over $78 million—or 80% of wages ordered—has yet to be received byworkers.
• More than 39,000 claimants have not seen any portion of their ordered wages, yetnearly 17,000 of these claims are marked as being “closed” and “paid in full.”
• TWC’s database of active administrative liens shows over 10,000 open liens, with delinquencyamounts totaling a potential $113 million.https://smlr.rutgers.edu/sites/default/files/Documents/Centers/WJL/Wage-Theft-Texas-Aug2023.pdf
Thread
08-17-2023, 01:38 PM
Rutgers study: 3 million Texans are paid less than minimum wage, TWC turns a blind eye to unpaid orders and even charges some of them off without collecting payment.
Stealing is a crime, right?
Why is TWC helping crooked employers get away with it?
https://smlr.rutgers.edu/sites/default/files/Documents/Centers/WJL/Wage-Theft-Texas-Aug2023.pdf
Forget it, stink pot, you ain't gleaning Texas. No.
Blake
08-17-2023, 02:10 PM
Rutgers study: 3 million Texans are paid less than minimum wage, TWC turns a blind eye to unpaid orders and even charges some of them off without collecting payment.
Stealing is a crime, right?
Why is TWC helping crooked employers get away with it?
https://smlr.rutgers.edu/sites/default/files/Documents/Centers/WJL/Wage-Theft-Texas-Aug2023.pdf
What field are these workers in? I'm guessing wait staff or people on salary
Winehole23
08-17-2023, 10:24 PM
What field are these workers in? I'm guessing wait staff or people on salarywait staff made the list
Significant variation also exists across industries: the highest-violation industries were Private Households (maids, housecleaners, child care workers), Food Services and Drinking Places(waiters, waitresses, and cooks), and Personal and Laundry Services (hairdressers, cosmetologists, and personal appearance workers).
Across all industries, the highest violation rates were found in the following occupations: waiters and waitresses; teacher assistants; maids and housekeeping cleaners; child care workers; grounds and maintenance workers; personal and home care aides; cooks; and janitors and building cleaners
Blake
08-17-2023, 11:23 PM
wait staff made the list
Figured. It's retarded they make $2+ per hour and rely on tips. Then the managers make them stay after closing to clean up for the same wage.
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