When using january 2024 instead of january 2023, there is indeed a loss of over 2,500 jobs in just that 5 month period. California fast food restaurants have slashed nearly 10,000 jobs because of the state’s new $20 minimum wage as struggling franchises cut labor costs and raise prices to survive,.
On the other hand, the california minimum wage. Oakland —california’s minimum wage will increase to $16 per hour for all employers on january 1, 2024.
These Rough Estimates Mean That Between 5,000 And 10,500.
Some cities and counties in california have a local.
A Few Cities Pay More Than $18 An Hour, Including West Hollywood, Berkeley And San Francisco.
When using january 2024 instead of january 2023, there is indeed a loss of over 2,500 jobs in just that 5 month period.
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Economists Have Found That Minimum Wage Increases Can Cause Employers To Offer Fewer Jobs, But There’s Ongoing Debate About The Severity Of Potential.
The evidence so far indicates that minimum wages can go above $16 per hour without causing job losses.
Fast Food Workers Are Losing Their Jobs In California As More Restaurant Chains Prepare To Meet The $20 Minimum Wage Increase Set To Go Into Effect April 1.
The economic implications of these two measures were completely.
