Jacob Vigdor on the Seattle Minimum Wage

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4.7 • 4.3K Ratings

🗓️ 4 March 2019

⏱️ 74 minutes

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Summary

Jacob Vigdor of the University of Washington talks with EconTalk host Russ Roberts about the impact of Seattle's minimum wage increases in recent years. Vigdor along with others from the Evans School of Public Policy and Governance have tried to measure the change in employment, hours worked, and wages for low-skilled workers in Seattle. He summarizes those results here arguing that while some workers earned higher wages, some or all of the gains were offset by reductions in hours worked and a reduction in the rate of job creation especially for low-skilled workers.

Transcript

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0:00.0	Welcome to Econ Talk, part of the Library of Economics and Liberty.
0:08.0	I'm your host, Russ Roberts of Stanford University's Hoover Institution.
0:12.6	Our website is econtalk.org where you can subscribe, comment on this podcast, and find
0:17.6	links and other information related to today's conversation.
0:20.5	We'll also find our archives where you can listen to every episode we've ever done going
0:24.8	back to 2006.
0:27.0	Our email address is mailadycontalk.org.
0:29.0	We'd love to hear from you.
0:31.0	Today is February 19, 2019, and my guest is economist Jacob Vigdor.
0:38.7	His professor at the Evans School of Public Policy and Governance at the University of
0:42.2	Washington.
0:43.2	He is director of this Seattle Minimum wage study and the Northwest Applied Public Policy
0:48.0	Lab.
0:49.0	His blog is The Perfect and the Free.
0:51.4	Jake, welcome to Econ Talk.
0:52.7	Thanks for having me, Russ.
0:54.2	Great to be here.
0:55.2	Our topic for today is the Minimum wage, and in particular the Minimum wage in Seattle
0:59.6	and your efforts to measure its impact and the challenges of that.
1:06.2	Let's start with some history.
1:07.7	What's happened in Seattle with the Minimum wage?
1:09.7	It's kind of at the vanguard of living wage, minimum wage legislation.
	...

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