Opinion: Washington minimum wage for 2023 to be $15.74 per hour

Mark Harmsworth of the Washington Policy Center points out that the results of a high artificial minimum wage are exactly the opposite of the proponents desired result.
Mark Harmsworth of the Washington Policy Center points out that the results of a high artificial minimum wage are exactly the opposite of the proponents desired result.

Mark Harmsworth of the Washington Policy Center points out that the results of a high artificial minimum wage are exactly the opposite of the proponents desired result

Mark Harmsworth
Washington Policy Center

Washington State Labor and Industries (L&I) has announced that 2023 minimum wage rate will be set at $15.74 which is a $1.25 increase over 2022.

In a press release on the L&I website, the agency attributes the 8.66% increase to change in “the cost of common goods such as housing, food, and medical care as reflected in the Consumer Price Index.”

Mark Harmsworth, Washington Policy Center
Mark Harmsworth, Washington Policy Center

According to minimum-wage.org, Washington will have the highest statewide minimum wage in the country. The highest minimum wage in the nation, including municipalities that can set their own rates, is in Washington state, Sea Tac at $17.53 followed by Seattle at $17.27.

The federal minimum wage is $7.25.

Increasing the minimum wage to such a high level destroys jobs, reduces available work hours and causes inflation. Businesses will often relocate away from areas that have high minimum wages creating longer commutes for workers that chose to stay with the employer or elimination of the jobs completely.

Nowhere is the harm imposed by a high minimum wage demonstrated more clearly than in Seattle, where the city council has aggressively increased the minimum wage over the last few years. The rash of restaurant closures and lost jobs can be attributed, in many cases, directly to the additional fiscal cost the minimum wage increases have caused.

As a recent University of Washington study concluded, “local minimum wage laws are not likely to substantially reduce earnings inequality,” it is obvious that government controls on wages, such as minimum wage and hazard pay have no long-term effects on workers’ overall income. The results of a high artificial minimum wage are exactly the opposite of the proponents desired result. High minimum wages reduce income and destroy jobs for those lower wage earners.

Mark Harmsworth is the director of the Small Business Center at the Washington Policy Center.


Also read:

Receive comment notifications
Notify of
guest

5 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Crazy
Crazy
1 month ago

What do you make Mark? 15 an hour for a person that works 2000 hours is 30k a year. Can you live on that, Mark? Put your kids through college, feed them, care for an elderly parent. You’re a hack. Minimum wage should be higher.

Mary
Mary
1 month ago
Reply to  Crazy

Minimum or starting wage. How much should a beginner, no work history, 16 year old be paid?

Chris
Chris
1 month ago
Reply to  Mary

That wage applies to may 30 or 50 year old with kids. And a 16 year old or an 18 year old still needs a roof and maybe going to community college.. or unfortunately, hand a kid too soon.

Jane Doolittle
Jane Doolittle
1 month ago

Mark, you need to do a reality check That is $2500.00 per month. My nephew in Walla Walla, going and paying for his own college, pays $1200 a month rent for a bedroom in private home. Seattle Restaurants closed because they couldn’t find workers who can afford to live anywhere near work. The last I heard businesses are struggling to find service workers because there are better paying jobs available.

Chris
Chris
1 month ago
Reply to  Jane Doolittle

Yes, the author willfully ignores the strong labor market. European countries have a high minimum wage and they still have restaurants. If a restaurant is struggling to be profitable with the given minimum wage, they have the option of increasing prices or becoming more efficient.

5
0
Would love your thoughts, please comment.x
()
x