Minimum Wage Unintended Consequences Example # 8: Chipotle restaurants in SFO raise prices
Now for an update...Hey, Seattle! How's that $15 minimum wage working out for ya?
The American Enterprise Institute blog reveals the not very surprising news that 10 months into Seattle's radical experiment of boosting the minimum wage to $15 an hour over a period of years, the city has suffered the worst job losses since the Great Recession.
This may not be in Seattle but it is another example of how the best of intentions can have unintended consequences...Company exits Walmart Express pilot as part of closing 269 stores globally...
Remember all the buzz and excitement about this? I'm sure though it has nothing to do with all the store closings...Wal-Mart to raise wages for 100,000 U.S. workers in some departments