California's Fast Food Minimum Wage Hike Cost the State 18,000 Jobs. That Shouldn't Surprise Anyone.
In 2023, California passed a law requiring a $20 per hour minimum wage for all fast-food restaurants with more than 60 locations nationwide. Democratic Gov. Gavin Newsom portrayed the union-supported ...
A new study published by the National Bureau of Economic Research (NBER) this month found that California’s 2023 minimum wage hike cost the state thousands of jobs. Researchers found that the state’s ...
In 2023, California adopted a law that raised the minimum wage to $20 per hour. It also created a Fast Food Council with the power to further increase wages by dictate every year. Twenty bucks an hour ...
Raising the minimum wage can increase the number of jobs with good benefits and chances for career advancement, according to a new analysis from the National Bureau of Economic Research.
First came the farfetched “Fight for $15.” Now, California has made a $20 minimum wage a reality, at least for workers at large fast-food chains. The pay hike took effect in April 2024, joining the ...
Perhaps California Gov. Gavin Newsom thought the $20 minimum wage hike he signed into law last year for most fast-food workers would magically skirt the principles of free-market economics. If so, he ...
After California's $20 minimum wage for fast-food workers went into effect in April, some economists expected affected restaurants to cut jobs. So what actually happened? They not only added workers ...
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SA's domestic workers: 39% earn below minimum wage
The plight of domestic workers in South Africa remains dire, with the recently released Annual Report on Domestic Worker Pay and Working Conditions from Sweepsouth revealing that a staggering 39% earn ...
President Barack Obama’s plan to increase the federal minimum wage would raise earnings for millions of Americans and lift almost one million out of poverty, but would also cost the economy hundreds ...
Beyond that, the minimum wage is a crude and wasteful tool for redistribution. Many minimum-wage workers are not poor, but ...
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