Business Magazine

Higher Prices, Lower Turnover, More Workers: The Reality of California’s $20 Fast-food Minimum Wage

Posted on the 27 August 2024 by Phil's Stock World @philstockworld

When California governor Gavin Newsom signed AB 1228 - legislation which raised the state hourly minimum wage for fast-food employees from $15.50 to $20 - into law last September, members of the fast-food industry were left with a lot of questions before the bill officially went into effect on ...

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