The fast food minimum wage effect: higher prices, reduced hours
After California implemented a new law boosting the minimum wage for fast-food workers earlier this year, a majority of restaurants increased prices and cut employee hours, according to a recent report from the Employment Policies Institute. Some are considering expanding outside the state now more than ever.Since April, when the law took effect, 98% of restaurants surveyed said they have already raised the cost of menu items, and 93% plan to do so next year. Additionally, 89% reported alre
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