Everything We Don't Know About Minimum-Wage Hikes
A lot has happened in America this year. But economics columnists might well dub this "the Year of the Minimum Wage." The year started off with a hike to $15 an hour in the area around Sea-Tac Airport; by June, Seattle's City Council had followed suit, passing a similar increase that phases in gradually. Chicago is raising its minimum to $13 an hour. Los Angeles has been considering going to $13.50, though so far, it has only raised the minimum wage for hotel workers (hotel owners sued). Various other state and local legislatures have either enacted, or are considering, hikes.
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