Calif. Fast Food Companies Cut 18K Jobs After Minimum-Wage Hike.
And here’s an oldie but a goodie from the experts: California’s $20 Fast-Food Minimum Wage Is a Win-Win-Win, Research Says.California raised the minimum wage statewide for “fast food restaurant employees” to $20 per hour last April following the passage of a ballot proposition in September the year before.
Analysis of unadjusted data from the Quarterly Census of Employment and Wages, the NBER found “that employment in California’s fast food sector declined by 2.7 percent relative to employment in the fast food sector elsewhere in the United States from September 2023 through September 2024 … Our median estimate translates into a loss of 18,000 jobs in California’s fast food sector relative to the counterfactual.”
The fast food sector has also cut workers’ hour and increased automation to avoid paying rising employment costs.