So somebody just sent me this:



Well, isn't that dandy? Apart from the fact that it's a heaping shit of misinformation and fallacious reasoning.

First of all, Seattle's minimum wage isn't $15 and it's unemployment rate isn't 3.3pc. Seattle's minimum wage is currently $11, as of April, and its unemployment rate is 4.5pc; two big differences. The unemployment rate of King County--of which the city seat is Seattle--is currently 3.3pc and as far as I know KC is subject to WA's state minimum wage of $9.50.

Seattle specifically, has seen some negative consequences of the higher minimum wage among narrow-margin businesses. Restaurants and bars have seen declining employment rates and microeconomic inflation is being driven in that sector at around 4-5pc.

As the Seattle Times have noted, the employment fall in King County is probably due to seasonal fluctuations. Which, of course, makes sense. A bit of brief research tells me that King County is mostly suburban, meaning its labour market is going to be highly concentrated in services. As the seasonal cycle picks up for the WA economy as a whole, of course high-service areas are going to witness disproportionate employment growth.

Sorry but memes never have inaccurate information

There's no save button so I'm just gonna post here.