Fast food costs in the government Gavin Newsom’s ( D) California jumped during the six-month period before the Democrat-run state mandated a$ 20 minimum wage in the industry, according to a study.
Pricing rose seven percentage during that time, the New York Post reported on Friday, citing a study from Datassential.
According to the outlet, California experienced the highest rate of menu price inflation in the nation in the year leading up to April 1 when the minimum wage increase from$ 16 an hour to$ 20 an hour became effective.
Even though there were concerns about whether the state’s$ 20 minimum wage may worsen unemployment and lead to already sluggish inflation, Breitbart News reported that the mission came into effect on April 1.
The shop continued:
The new regulations establish a  and raise the minimum wage for employees at large chain restaurants by 25 %. Fast Food Council with authority to carry out additional increases up to three 5 percentage annually over the following five years.
Some employees may receive increases, but technology or reductions are likely to cause people to lose their jobs. The most vulnerable, least-skilled workers are most likely to lose jobs in work that do not generate enough income to support the great income levels.
Per the current study ’s key findings, “ In the six months leading up to the wage’s effective day, all of California’s 30 area standards were in the top 30 % of the highest limited-service list cost inflation area code across the country. ”
Harsh Ghai, a main fast food owner in California, said he is rushing to install shops at his franchises to save money as the state’s$ 20 minimum income knocks businesses, according to a report from Breitbart News on Friday.
During a conversation in February, Democrat Rep. Barbara Lee (D-CA ), who is running for late Sen. Diane Feinstein’s U. S. Senate seat, said she wanted a$ 50 minimum wage, according to Breitbart News.
Lee said, “ Just do the math. We have regional minimum income that we need to increase to a life income, which is good, but I have to concentrate on what California needs and what the value element is when we determine this wage. ”
Here is a link for readers to see the trade:
Rep. for the Senate Inflatation and higher rates are a problem that Barbara Lee can resolve:
Increase the hourly rate to$ 50. tweets. com/H5Ema1pGY5
— End Wokeness ( @End Wokeness ) February 13, 2024
According to the outlet, Lee unfortunately failed to address the issue of how that would be financially viable for small businesses. ”