Reported 6 months ago
Critics argue that the minimum wage hike for fast food workers in California, pushed by Gov. Gavin Newsom to $20 per hour, has led to devastating consequences for businesses. Major fast food chains like Chipotle and McDonald's have raised prices and cut jobs to cope with the new wage. Nearly 10,000 jobs have been cut across fast food restaurants, according to the California Business and Industrial Alliance, with some businesses facing closures. Critics highlight the challenges faced by businesses and question the sustainability of these wage increases amidst rising inflation and consumer perceptions of fast food as a luxury.
Source: YAHOO