Hit restaurants in Seattle and it is hitting them in Washington D.C. - from The Daily Caller:
DC Minimum Wage Hike Linked To Largest Loss Of Restaurant Jobs In 15 Years
The minimum wage hike in Washington, D.C, is already devastating employment in the region and is linked to the largest loss of restaurant jobs in the last 15 years.
Officials raised the minimum wage in July of 2015 to $10.50 per hour, up from $8.25 since 2014. The Employment Policies Institute revealed in a May report that 48 percent of District businesses had already reduced staff or cut hours to deal with the increases since 2014. In the first six months of 2016, the restaurant industry in D.C. lost roughly 1,400 jobs, a historic drop for a six-month period, according to the American Enterprise Institute (AEI).
But outside of the D.C. area where the minimum wages are still the same:
The restaurant industry in the suburbs outside D.C. grew by 2,900 jobs over the same period.
A clear testemony to the unintended consequences of an artificial economic stimulus. If the economy was growing naturally, we would see a rise in everything but with what we have today, rotsa ruck.
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