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Labor costs are expected to continue to rise across the industry. But the fast casual's CEO Jonathan Neman sees room for ...
The effects are different because the minimum wage affects different percentages of the labor force in each city. In relatively high-wage San Francisco, fewer workers and firms are affected by a $ ...
Recent examples highlight the varied effects of minimum wage increases. In 2023, California raised its minimum wage to $15.50 per hour. While this move aimed to improve living standards ...
When the fast food minimum wage goes to $20 an hour, Luna said it’s a big concern on how it will impact hiring and maintaining employees for his restaurants. “If employees are going to be ...
The actual economic impact of a federal minimum wage increase is heavily debated. Opponents argue that raising the legal pay floor could result in job losses and do more harm than good.
Florida’s minimum wage increased to $12 an hour Saturday on its way to reaching $15, but its impact on workers likely has been diminished due to high inflation and already higher wages prompted ...