Big businesses in L.A. will raise their minimum wage from $10.50 to $12 an hour this Saturday. But in Seattle, a new study found that the lowest paid employees saw a drop in work hours, wages, and jobs available after the city raised its minimum wage to $13 last year. Could LA suffer some of the same consequences?
Does raising the minimum wage help or hurt low-skilled workers?
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Credits
Guests:
- Jacob Vigdor - University of Washington - @JakeVigdor
- Ben Zipperer - Economic Policy Institute - @ben_zipperer
- Chris Thornberg - Founding Partner at Beacon Economics LLC