Did California’s fast food minimum wage hike lead to job loss?
5 Articles
5 Articles
Mamdani Wants $30 Minimum Wage in New York, but Commiefornia Shows This Will Kill Thousands of Jobs
(The Daily Signal)—New York City mayoral candidate Zohran Mamdani wants a $30 minimum wage in New York by 2030, but California’s experience shows this flawed policy will kill at least tens of thousands of jobs. Policymaking doesn’t happen in a vacuum—the laws of economics still hold whether a minimum wage worker is on the East or West Coast. California is the canary in a coal mine signaling to Mamdani—an avowed socialist with communist predilect…
Did California’s fast food minimum wage hike lead to job loss?
For a little more than a year, California has required fast food chain restaurants with more than 60 locations to pay workers at least $20 per hour. Did that move end up costing the state jobs? That depends on who you ask. A new report by the National Bureau of Economic Research shows the 18,000 jobs lost from those fast food chains. “With respect to employment, we first show that California’s fast food employment was on a similar path as the re…
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