A $15 Minimum Wage Doesn’t Have to Mean Price Increases

Last week, Seattle approved the nation’s highest minimum wage: $15 an hour, to be phased in over the next seven years. Other major cities, including San Francisco, Chicago, and New York City, are debating similar increases, and President Obama has called for an increase in the federal minimum wage from $7.25 to $10.10 an hour. … Continue reading “A $15 Minimum Wage Doesn’t Have to Mean Price Increases”