Minimum wage effect? Seattle area restaurant jobs have fallen -900 this year vs. +6,200 food jobs in rest of state [ Full title ]. What effect will the eventual 58% increase in labor costs from $9.47 to $15 an hour have on small businesses, including Seattle area restaurants? Actually, it will be more like a 95% increase for many employers to $18.55 an hour once all costs and taxes are added. It's too soon to tell for sure, but there is already some preliminary evidence that April's minimum wage hike to $11 an hour, along with the pending increase of...