Posts tagged $20 an hour
California’s fast-food minimum wage is super-sizing job losses
July 15, 2025 // The damage for California doesn’t stop at job losses, as CEI has noted previously. The vast majority of California’s fast-food workers, 89 percent, have had their work hours reduced. Another 35 percent have seen their supplemental benefits reduced. Customers suffer as well. Menu prices for Golden State restaurants rose 14.5 percent between September 2023 and December 2024, nearly double the national rate of 8.2 percent for restaurants. Prices jumped 3 percent in the month after the minimum wage hike went into effect. Americans across all income groups eat fast food, but the core consumers are low-income families according to the Morning Consult. Any price increase is going to hit them the hardest.
Higher minimum wage levels help many workers, but there are tradeoffs
April 7, 2025 // At the same time, a lot of supporters of the increase at the time were hoping this would be really a dramatic, life-changing thing for a lot of workers that would really help reduce income inequality in Seattle. And we see that income inequality is still a big issue. Wages went up, but so did the cost of living. And it's still pretty hard to make ends meet out here for people, even with that increased paycheck.