Town Hall - Matt Vespa:
Minimum wage hike fever screwed over workers in Seattle. The $15/hour increase, which is set to be fully phased in by 2018, resulted in fewer hours, wages, and job opportunities for workers. In New York, they lost 1,000 restaurants and the job market for minimum wage workers shrunk 3.4 percent. The hours worked for these workers were also reduced. The consequences were the same. Now, in Montgomery County, Maryland, a new study shows that by 2022, 47,000 jobs would be lost if they increase the minimum wage to $15/hour (via WaPo):
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