Yesterday proponents of Proposition 1, the SeaTac ballot measure to implement a $15 per hour minimum wage, paid sick leave and other labor mandates on some SeaTac businesses, released a study declaring passage of the initiative would inject $54 million in increased household spending throughout the region and create 400 new jobs.
The study also says employers will be able to easily absorb the increases in the cost of doing business by raising prices on consumers and local governments will benefit by receiving more revenue from the increase in earnings and spending.
There is a great editorial in today’s Seattle Times on increasing the minimum wage. Iconic Seattle-based business Dick’s Drive-In is featured as the best argument against a government mandated increase of our state’s already-high minimum wage.
Raising the minimum wage is a hot topic in the news right now. Voters in the City of SeaTac will decide in November whether to increase wages for workers in that city’s hospitality and transportation industries to a minimum of $15 per hour, fast food workers are striking for higher pay, and Seattle Mayor Mike McGinn is