Economics
Seattle Backs Pushing Minimum Wage to $15 an Hour
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Seattle’s city council backed raising the minimum wage to $15 an hour, the highest of any big U.S. city, as the hometown of Starbucks Corp. embarks on an unprecedented experiment to reduce income inequality.
A majority of council members voted for the higher wage, more than double the federal minimum of $7.25, in a committee meeting today, making a full council vote on the measure scheduled for June 2 a formality.