(11-27-2020, 02:47 PM)mikesez Wrote:

(11-27-2020, 03:54 AM)HandsomeRob86 Wrote: You need to stop using google. For many reasons other than your bad results, try DuckDuckGo or even bing. Increases in minimum wage always leads to a decrease in jobs. 

Also Walmart and Amazon are absolutely aware that higher minimum wage hurts their small competition more than it hurts giants. They are, no doubt, virtue signaling, but they are willing to take extra regulation if it makes it harder for competition to emerge. Car manufacturers have done this for years.

So, when you use your preferred search engine, do you find results that show local demand for labor is reduced as a result of a local minimum wage increase? Could you share one or two of those results with us?

Here you go, a recent and very local working paper on the Seattle Increase. Have fun!

https://www.nber.org/system/files/workin...w23532.pdf


From the Conclusions: "Our preferred estimates suggest that the Seattle Minimum Wage Ordinance caused hours worked by low-skilled workers (i.e., those earning under $19 per hour) to fall by 6.9% during the three quarters when the minimum wage was $13, resulting in a loss of around 3 million hours worked per calendar quarter and more than 5,000 jobs. These estimates are robust to cutoffs other than $19 per hour. A 3.2% increase in wages in jobs that paid less than $19 per hour coupled with a 6.9% loss in hours yields a labor demand elasticity of roughly -2.6, and this large elasticity estimate is robust to other cutoffs."

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