Check this out — unemployment in Washington just hit a record low. In fact it’s the lowest it’s been in the history of state unemployment stats, going back more than 40 years.
Do you think this record-low unemployment rate has anything to do with the fact that we just raised the minimum wage?
- For sure!
Higher wages lift up the whole economy — when more people have more money, it means more customers for more businesses.
- Who cares?
I’m no economist, but jobs are growing and wages are up, so it’s all good.
- No way.
Maybe unemployment would have been even lower than the lowest it’s ever been if the minimum wage had been voted down?
Anyway, just wanted to make sure you heard the good news. And thanks for taking a moment to let us know what you think!
Sage, Working Washington
Source: Washington State Employment Security Department, 6/14/2017