Seattle's minimum wage ordinance started to take effect on the 1st of April 2015. They said it would cost them $1.7 million. Hundreds of restaurants throughout the … When Seattle decided to elevate its minimum wage to $15, the city asked the academic community for study proposals. With so many low-wage workers struggling, city leaders decided to increase the minimum wage. New York City: A $15 minimum wage went into effect in 2018. Employees preparing meals at The Walrus and the Carpenter, a Seattle restaurant. If you want to gauge the impact of Seattle’s new $15 minimum wage in the coming months, follow the pho. The economic ripple effects of the wave of minimum wage increases are hard to measure precisely, making the Seattle experience an important test case. The second jump, in January 2016, raised the minimum wage to $10.50 to $13. A recent study by the Congressional Budget Office, entitled “The Effects on Employment and Family Income of Increasing the Federal Minimum Wage… Minimum wage policy plan. The unemployment rate is at 3.4 percent, slightly less than the 3.7 percent U.S. jobless rate. The restaurant added an automatic 20 percent gratuity after the city increased the minimum wage. The Impact of Seattle’s New Minimum Wage. Despite the high minimum wage in Seattle, 111 new restaurants have opened in the city since May. Only one group replied. The mayor had allocated $100,000. In 2014, Seattle City Council voted to incrementally raise the minimum wage to $15 per hour. This latest study from the UW team looks at the effects of both the first and second jumps. Seattle: As of 2020, the minimum wage for large employers (those with more than … That roughly describes Seattle, which first increased its minimum wage to $11 an hour from $9.47 for large businesses in April 2015, then to $13 an … The minimum wage increased from $9.47 to $11 per … The results of a study of Seattle's recent hike in the minimum wage should be a cautionary tale to anyone advocating a nationwide $15 minimum wage. A temporary "compensation responsibility" of $15 per hour would have been established for small businesses by 2019. And now, with Seattle's $15 minimum wage having been in effect for a couple of years, researchers from the University of California, Berkeley and the University of Washington in Seattle have released concurrent studies to try and decipher the ramifications. Under the policy, small businesses (500 employees or less) would have a wage of $15 per hour by 2021. 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