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Seattle Mayor Ed Murray announced a plan on Thursday to raise the minimum wage in the city to $15 per hour over three to seven years, making Seattle the first major U.S. city to commit to such a high base level of pay, more than twice the national minimum. The plan is the product of a committee convened by the mayor, including labor and business leaders, which spent weeks negotiating a compromise deal. It must still be approved by Seattle’s City Council before it becomes binding on employers.

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