Author Topic: California's Mandatory Minimum Wage-Hikes Are Starting To Backfire  (Read 8532 times)

0 Members and 1 Guest are viewing this topic.

Offline Ptarmigan

  • Bunny Slayer
  • Hero Member
  • *****
  • Posts: 23532
  • Reputation: +924/-225
  • God Hates Bunnies
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.

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.
Never interrupt your enemy when he is making a mistake.
-Napoleon Bonaparte

Allow enemies their space to hate; they will destroy themselves in the process.
-Lisa Du