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Yo_Mama_Been_Loggin

(114,775 posts)
Tue Aug 27, 2024, 01:53 PM Aug 27

"Proving them wrong": After raising minimum wage, California has more fast-food jobs than ever

Last year, California Gov. Gavin Newsom signed the state’s fast-food minimum wage increase into law, which meant that employees at fast-food restaurants in the state went from making $15.50 per hour to $20 per hour. While the decision was lauded by many labor activists as part of broader efforts to improve working conditions and address wage disparities, some economists and fast-food industry members expressed concern over how the law would impact restaurants’ operating costs, which could result in reduced hours for workers or even job cuts.

However, according to new state and federal employment data, California’s fast-food industry has added jobs every month this year — including 11,000 new jobs since the wage increase officially went into effect in April. For instance, in May of 2023, there were 742,600 fast-food workers in the state; a year later, there were 743,300 workers.

According to a release from Newsom’s office last week, since raising worker wages, every month this year has seen consistent fast food job gains, and nearly each month has seen more jobs than the same month last year.

“What’s good for workers is good for business, and as California’s fast food industry continues booming every single month our workers are finally getting the pay they deserve,” Newsom said in a written statement. “Despite those who pedaled lies about how this would doom the industry, California’s economy and workers are again proving them wrong.”

https://www.yahoo.com/news/proving-them-wrong-raising-minimum-145603710.html

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"Proving them wrong": After raising minimum wage, California has more fast-food jobs than ever (Original Post) Yo_Mama_Been_Loggin Aug 27 OP
Just like the hype we saw when they increased minimum wage finally, and lots of other things that SWBTATTReg Aug 27 #1
Perhaps better pay attracts more workers? EastBayGuy Aug 28 #2

SWBTATTReg

(24,011 posts)
1. Just like the hype we saw when they increased minimum wage finally, and lots of other things that
Tue Aug 27, 2024, 02:11 PM
Aug 27

these carnival barkers all proclaim, that doom and gloom would happen, if such and such a thing were to happen, etc., and then it doesn't happen. And during all of this predicted doom and gloom, retailers and others are making record profits, the stock market is continuing to boom, etc.

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