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California's Mandatory Minimum Wage-Hikes Are Starting To Backfire

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Ptarmigan:
California's Mandatory Minimum Wage-Hikes Are Starting To Backfire
https://www.zerohedge.com/news/2019-05-05/californias-mandatory-minimum-wage-hikes-are-starting-backfire


--- Quote ---According to a recent study conducted by the University of California Riverside, California's minimum wage hikes have slowed job growth among restaurant workers.

The golden state instituted a series of minimum wage hikes - set to reach $15 by 2022, or 50% over 2012 levels, according to Forbes.
--- End quote ---

Here is the study from University of California Riverside.
https://ucreconomicforecast.org/wp-content/uploads/2019/04/Minimum_Wage_4-17-19_FINAL.pdf

Quixotic.

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