California minimum wage shocks fast food workers as restaurant closes: 'Only the beginning,' ex-manager warns
California minimum wage shocks fast food workers as restaurant closes: 'Only the beginning,' ex-manager warns
California minimum wage shocks fast food workers as restaurant closes: 'Only the beginning,' ex-manager warns
Who would have thought this would have happened?
Restaurants are a luxury. Either the pay reflects that and they get paid a decent wage or the market will react somehow.
Everyone's cost of living has increased post-pandemic, minimum wage need to rise. The restaurant could have raised their price as well but chose not to, either because they think their clientele can't afford it (increased cost of living, which is what rising the minimum wage can offset), or because the market is already saturated and they're no longer competitive.
Something/someone has to give in when there's inequality.
ThE fREE mArKeT