Approximately 10,000 jobs have reportedly been slashed at California fast food eateries after the minimum wage was hiked to $20.
Gov. Gavin Newsom’s (D) law to pay workers $20 an hour went into effect on April 1 and has apparently taken a devastating toll on the industry, Fox Business reported Wednesday.
The outlet continued:
The California Business and Industrial Alliance (CABIA) said nearly 10,000 jobs have been cut across fast food restaurants since Newsom signed California Assembly Bill 1228 into law last year. To highlight what it says are the unintended consequences of the law, CABIA has taken out an ad in Thursday’s statewide edition of USA Today with mock “obituaries” of popular fast food brands.
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CABIA’s ad highlights multiple restaurants that have had to raise prices and lay off workers to stay afloat and, in some cases, shut down stores. The ad features…
