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Liberal Area to Raise Minimum Wage
Seattle plans to increase its minimum wage to $22.14 an hour by 2027, making it the highest in the U.S. if no other jurisdiction surpasses it. Since wage hikes began in 2025, about 16% of city restaurants have closed, and business activity has declined, with some areas experiencing a 7% drop in transactions. The city's high wages, combined with economic challenges, have contributed to a decline in business formation, increased office vacancies, and a drop in job postings, reflecting strains on Seattle’s economy.
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