The AEI study, worked up from Bureau of Labor Statistics’ monthly surveys, shows that, between April and December last year, Seattle saw the biggest employment drop in any nine-month period since 2009 — a full year into the Great Recession.
The city unemployment rate rose a full percentage point.
Before the minimum-wage hikes begin, Seattle employment tracked the rest of the nation — slowly rising from the 2008-09 bottom. But it started to plunge last spring, as the new law began to kick in.
Furthermore, Seattle’s loss of 10,000 jobs in just the three months of September, October and November was a record for any three-month period dating back to 1990.
Meanwhile, employment outside the city limits — which had long tracked the rate in Seattle proper — was soaring by 57,000 and set a new record high that November.
Bottom line: A $15 law in New York is guaranteed to destroy jobs here — and boost employment in New Jersey, Connecticut, Pennsylvania and even Vermont.
http://nypost.com/2016/03/12/how-the-15-wage-is-already-killing-seattle-jobs/Here's to a high minimum wage in New Hampshire and Vermont so all us Mainers can stay employed.
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