Effect on prices minimal 1 year after Seattle's $15 minimum wage law implementation

(University of Washington) Most Seattle employers surveyed in a University of Washington-led study said in 2015 that they expected to raise prices on goods and services to compensate for the city's move to a $15 per hour minimum wage. But a year after the law's April 2015 implementation, the study indicates such increases don't seem to be happening.
Source: EurekAlert! - Social and Behavioral Science - Category: Global & Universal Source Type: news