
The Epoch Times reports:
Seattle recently passed a controversial $15-per-hour-minimum-wage law, with the first phase going into effect in April. Now, it appears the law may have claimed its first casualty.The demand for labor is always a downward sloping curve , no matter what some journalist who's never taken an economics class tells you.
The owner of Z Pizza, Ritu Shah Burnham, said she will have to likely close down her shop because she can’t afford the new cost of paying her employees.
In April, the minimum wage law went into effect, with Z Pizza having to start paying its staff $11 per hour to start. Z Pizza, according to Eater, has to “phase in the new $15 wage within two more years” and she “says it’s not possible for her business.”
One of the workers, Devin Jeran, said he was at first happy to get a raise, but when the owner dropped the bombshell development, he’s not too pleased.