minimum wage Seattle unemployment

Minimum wage increase in Seattle correlates with low unemployment

Eric Garland DataLab

Barry Ritholz of Ritholz Wealth Management has been an ardent supported of minimum wage increase as a factor in economic growth. With this latest report on Seattle’s record low unemployment, he’s spiking the football on decoupling the increase in wages with job loss.

We may have in Seattle the skunkworks for future minimum wage increases as a catalyst in job growth and prosperity.