Re:What Minimum-Wage Foes Got Wrong About Seattle
by dssu on Friday January 04, 2019 @11:26AM
(#18825194)
From the paper they mention
>The entirety of these
gains accrued to workers with above-median experience at baseline; less-experienced workers
saw no significant change to weekly pay. Approximately one-quarter of the earnings gains can be
attributed to experienced workers making up for lost hours in Seattle with work outside the city
limits. We associate the minimum wage ordinance with an 8% reduction in job turnover rates as
well as a significant reduction in the rate of new entries into the workforce.
>The entirety of these gains accrued to workers with above-median experience at baseline; less-experienced workers saw no significant change to weekly pay. Approximately one-quarter of the earnings gains can be attributed to experienced workers making up for lost hours in Seattle with work outside the city limits. We associate the minimum wage ordinance with an 8% reduction in job turnover rates as well as a significant reduction in the rate of new entries into the workforce.