YA SO 1) For every 1 percent increase in their hourly wage, low-wage workers saw

https://www.bloomberg.com/view/articles/2017-06-26/seattle-s-painful-lesson-on-the-road-to-a-15-minimum-wageTOLD YA SO

1) For every 1 percent increase in their hourly wage, low-wage workers saw a 3 percent reduction in the number of hours worked. As a result, they lost about $125 in earnings a month, clawing back the entire gain from the earlier hike and more.

2) THE EFFECT IS NON LINEAR AND ACCELERATES RAPIDLY