Thursday, April 7, 2016

Re: Seattle’ s Minimum Wage:

Cautionary Note on use of Data - by Shaefer and Wilson

Seems the anti-min wage fellow was using two different data sources for the same chart -- typical anti-min slovenliness.

What is not noted out loud in the study is that the job loss was only 10,000 out of 410,000. Why do pro-mins (slovenly too? :-]) never take note that may be seen as a positive trade off - the trade off being that the other 400,000 got paid a lot more money.

The 10,000 may mostly represent the difference between the number of those who quit voluntarily because they no longer needed two (or more) jobs minus the lesser number who (re?)entered the workforce in response to a higher wage incentive ...
... that is, assuming the figures were valid in the first place.

Somebody really ought to do a survey on what proportion actually get laid off as opposed to other inputs to the minimum wage raise employment number.

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