We should be so lucky:
If Seattle businesses are closing up shop in response to our $15 minimum wage, you wouldn’t know it from our falling unemployment rate:So, I would say to the unions and organizations like Wisconsin Jobs Now, keep on fighting!
King County’s unemployment rate reach[ed] a low not seen since April 2008, data released Tuesday by the state Employment Security Department show.Okay, monthly unemployment data is not seasonally adjusted, so the rate will surely rise in May and June as college and high school graduates join the workforce (like it does every year). And of course, it will take years—maybe even a couple decades—to fully suss out the employment effect (if any) of Seattle’s phased-in $15 minimum wage.
King County’s unemployment rate in April was 3.3 percent, compared to 4 percent in March and 4.1 percent in April 2014.
But again, if employers are cutting back on hiring in anticipation of rising labor costs—like $15 critics insist a rationally self-interested employer would—you wouldn’t know it from our falling unemployment rate.
We'll all be better off for it when you are victorious.