Red state

California’s Fast-Food Industry Suffers, While Gavin Newsom Prepares His Exit – RedState

Employment Policies Institute (EPI), a conservative think-tank on fiscal and economic policies surrounding employment and the minimum wage, has released a survey on the effects of California Governor Gavin Newsom’s $20-hour minimum wage hike that went into effect in April. As RedState reported, here, here, here, and here, even before it became law, the minimum wage hike had already resulted in layoffs, restaurant closures, reduced service, and higher prices. The EPI study further confirms that this destruction continues apace.

California fast-food restaurants have been forced to cut back on employee hours, shut down, or consider moving out of state completely because of Gov. Gavin Newsom’s new $20-an-hour minimum wage law, a new study has shown. 

The Employment Policies Institute survey of nearly 200 fast-food companies found that 89 percent of those eateries polled have already…

Read more…

Related Posts