The Economic Ninja talks about how In-N-Out, a favorite burger place in California, raised its prices because of a new law about minimum wage. Even though they pay their workers almost $20 an hour, they had to make burgers more expensive to keep their quality high and hire the best workers. This could make things cost more everywhere. …Learn More, Click The Button Below.
In California, big fast-food places now pay workers $20 an hour. But, small family restaurants find it hard to pay the same. They’re struggling to find workers because of this. Some folks think it’s not fair and it’s messing with the natural way of deciding wages. …Learn More, Click The Button Below.
California’s new $20 minimum wage law has triggered job cuts in large fast food chains like Pizza Hut. While some applaud the move as overdue, critics foresee potential job losses, inflation, decreased innovation, and a deterrent for new businesses, potentially creating unfavorable economic conditions. …Learn More, Click The Button Below.
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