Study shows that California’s $20 minimum wage hike cost state 18,000 jobs
A new study published by the National Bureau of Economic Research (NBER) this month found that California’s 2023 minimum wage hike cost the state thousands of jobs.Researchers found that the state’s $20 minimum wage fast food hike has cost the fast-food sector 18,000 jobs since it went into effect in April 2024, representing a 3.2% decline in that sector compared to fast-food sectors in other parts of the country."Our median […]
