The Traderszone Network

Published in TZ Latest News 28 June, 2017 by The TZ Newswire Staff

"Fake Research": Seattle Mayor Knew Critical Min. Wage Study Was Coming, So He Called Berkeley ‘Economists’

Earlier this week we wrote about a study published by the University of Washington which was fairly damning for Seattle’s $15 minimum wage.  To our total ‘shock’, the study found that higher minimum wages caused a 9.4% reduction to total hours worked by low-skilled workers, or roughly 14 million hours per year.  Given that a full-time employee works 2,080 hours per year, that’s the equal to just over 6,700 full-time equivalents who have lost their jobs, just in the city of Seattle, courtesy of moronic politicians who don’t seem to grasp basic mathematical c

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