Tag Archives: wage

New study reveals crippling impact of California’s minimum wage hike

New study reveals crippling impact of California’s minimum wage hike

California‘s dramatic fast food wage hike may have backfired, according to a new economic study – wiping out an estimated 18,000 jobs across the state in just one year. The research, published this month by the National Bureau of Economic Research (NBER), analyzed the impact of Assembly Bill 1228, which mandated a $20 hourly minimum wage for fast food workers …

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