Seattle's Painful Lesson on the Road to a $15 Minimum Wage - Bloomberg
...its second study, this one covering the increase from $11 an hour to $13. And this study found huge effects: For every 1 percent increase in their hourly wage, low-wage workers saw a 3 percent reduction in the number of hours worked. As a result, they lost about $125 in earnings a month, clawing back the entire gain from the earlier hike and more...
... the study is "very credible" and "sufficiently compelling in its design and statistical power that it can change minds." In other words: if you thought it was settled science that raising the minimum wage is good for workers, be prepared to think again....
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