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Negative impact of high minimum wage

Washington has one of the highest minimum wage levels in the U.S. For workers who have a job this sounds like a great deal, but as with all things the government mandates, there are some serious, negative consequences, primarily on young and entry level workers who are forced into joblessness.

Nowhere is the harm imposed by a high minimum wage demonstrated more clearly than in Seattle, where the city council has aggressively increased the minimum wage over the last few years. The rash of restaurant closures and lost jobs can be attributed, in many cases, directly to the additional fiscal cost...

 

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