...lead to slower job growth? Not necessarily. From Bloomberg, "Highest Minimum-Wage State Washington Beats U.S. Job Growth" (my emphasis):
When Washington residents voted in 1998 to raise the state’s minimum
wage and link it to the cost of living, opponents warned the measure
would be a job-killer. The prediction hasn’t been borne out.
In the 15 years that followed, the state’s minimum wage climbed to $9.32 -- the highest in the country. Meanwhile job growth
continued at an average 0.8 percent annual pace, 0.3 percentage point
above the national rate. Payrolls at Washington’s restaurants and bars,
portrayed as particularly vulnerable to higher wage costs, expanded by
21 percent. Poverty has trailed the U.S. level for at least seven years.
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