May 4, 2014

Jobless in Seattle

If Seattle succeeds in raising its minimum wage to $15, the city will suffer.
By Jordan Weissmann

Seattle skyline.
Seattle could regret raising its minimum wage by so drastic an amount.
Photo by Maxvis/Thinkstock

Economists everywhere may soon be thanking Seattle Mayor Ed Murray. Not because of his inspired policymaking, but because Murray seems ready to turn his city into a gigantic laboratory for one of the most ambitious, and quite possibly misbegotten, labor market experiments in recent memory.
“There are concerns that it might lead to the substitution of automation for workers.”

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