Both of these might happen but are somewhat independent of the question how many jobs will be lost. If jobs are not lost but under the table employment increase

Both of these might happen but are somewhat independent of the question how many jobs will be lost. If jobs are not lost but under the table employment increases that would realistically be an even bigger win. If lots of jobs are lost the reason might be one of the things mentioned by you but I cannot see local wage increases drive inflation on its own, with a federal increase it seems more realistic