Posts tagged raising prices
Higher minimum wage levels help many workers, but there are tradeoffs
April 7, 2025 // At the same time, a lot of supporters of the increase at the time were hoping this would be really a dramatic, life-changing thing for a lot of workers that would really help reduce income inequality in Seattle. And we see that income inequality is still a big issue. Wages went up, but so did the cost of living. And it's still pretty hard to make ends meet out here for people, even with that increased paycheck.