Remember when Rightguide whined "The California fast food market is collapsing!" Yeah, about that...

[bijedi]

. Restaurant chains like McDonald's, Wingstop, Jack in the Box, and Chipotle have already said they'll be forced to pass those costs on to customers through price hikes--which won't excite diners, either.

They will certainly try. Whether the market will accept that is still to be determined.

They have other options, like lowering franchisee costs (e.g. rent). That would, of course have a negative impact on corporate profits and may result in 'C' class executives receiving lower bonuses. But then so would declining sales and closing restaurants.

Or, they could accelerate investments in automation to reduce the need for the now costlier labor. But that will also lower corporate profits, at least in the short term. And there is no guarantee those investments will result in significant savings.

One thing is for sure, these will make great case studies for future MBA students.

 

[dkovic77]

Classic deflection, exactly what I expected from you.

Makes you very sad when people don’t appreciate your work, right?

Poor Traitor Tater.

 

[BabyBoomer50s]

 

[MajorRewrite]

View attachment 2383793

You conveniently left out the July data, when California fast food employment grew.

https://fred.stlouisfed.org/series/SMU06000007072259001SA

 

[icanhelp1]

They will certainly try. Whether the market will accept that is still to be determined.

They have other options, like lowering franchisee costs (e.g. rent). That would, of course have a negative impact on corporate profits and may result in 'C' class executives receiving lower bonuses. But then so would declining sales and closing restaurants.

Or, they could accelerate investments in automation to reduce the need for the now costlier labor. But that will also lower corporate profits, at least in the short term. And there is no guarantee those investments will result in significant savings.

One thing is for sure, these will make great case studies for future MBA students.

How about letting the markets determine what's adequate compensation.

 

[YDB95]

The demographic that regularly frequents fast food establishments is dropping off as prices rise beyond their ability to pay and because of that won't be contributing to the sales of higher-end eating establishments, i.e., their boat is swamped.

1. People who prefer fast food probably don't really want fancier options anyway.
2. If they can't afford slightly higher prices at McDonalds, they also already couldn't afford places like Outback even if they wanted to eat there.

How about letting the markets determine what's adequate compensation.

"In the long run we are all dead."

 

[BabyBoomer50s]

You conveniently left out the July data, when California fast food employment grew.

https://fred.stlouisfed.org/series/SMU06000007072259001SA

California has lost about 3,000 fast food jobs from January through July. Not a lot given the large numbers of people employed in the industry, but the numbers put out by Newsom are ridiculous and have been thoroughly debunked. Fast food is a labor intensive business.

 

[RobDownSouth]

California has lost about 3,000 fast food jobs from January through July. Not a lot given the large numbers of people employed in the industry, but the numbers put out by Newsom are ridiculous and have been thoroughly debunked. Fast food is a labor intensive business.

The new minimum wage didn't go into effect until April 1st. You might want to contact Derpy for old numbers, he's an expert on that.

Looks like a net gain of jobs since the April wage change to me.
https://i.imgur.com/QyMERJP.png

 

[domroger]

I have seen some YouTube videos comparing wages/prices US/Europe,while the minimum wage for MacDonalds in the US was $7.25 the same job in Denmark was $20+.The Danish burger was less than a dollar dearer and the worker also got 4 weeks holiday and pension.

 

[BabyBoomer50s]

The new minimum wage didn't go into effect until April 1st. You might want to contact Derpy for old numbers, he's an expert on that.

Looks like a net gain of jobs since the April wage change to me.
https://i.imgur.com/QyMERJP.png

Some chains began cutting jobs before the law went into effect, April there was an increase, and the net loss since the beginning of the year has been fairly small. With only 3 months of data since the law went into effect it’s too soon to draw many conclusions other than a relatively small number of jobs have been cut and the industry job numbers compare unfavorably to the neighboring states of OR and NV. It remains to be seen how consumers will respond to the higher prices.

 

[Fuzzy1975]

Some chains began cutting jobs before the law went into effect, April there was an increase, and the net loss since the beginning of the year has been fairly small. With only 3 months of data since the law went into effect it’s too soon to draw many conclusions other than a relatively small number of jobs have been cut and the industry job numbers compare unfavorably to the neighboring states of OR and NV. It remains to be seen how consumers will respond to the higher prices.

Minimum wage has been around for decades. Every time it is raised,that same old "this will kill jobs/drive up cost"mantra is spewed by dumbfucks such as yourself. Yet the jobs have increased, as has the price,and Americans have grown fat over the time this has been going on, since they keep managing to buy Big Mac's.

 

[BabyBoomer50s]

Minimum wage has been around for decades. Every time it is raised,that same old "this will kill jobs/drive up cost"mantra is spewed by dumbfucks such as yourself. Yet the jobs have increased, as has the price,and Americans have grown fat over the time this has been going on, since they keep managing to buy Big Mac's.

Raise it to $100/hr.

 

[Rightguide]

Look, you're suffering.

We get that.

Life has become an utter shitshow for you.

Yes it was bad in California for you, but nobody could have predicted what an utter dystopian hellscape Idaho turned out to be for you.

You're reduced to a lifestyle consisting primarily of scavenging rotting potatoes from factory farms. Yes, we know you caught a rainbow trout back in June, but that's about the extent of your protein intake.

The internet is your only friend.

Swallow your pride and start a GoFundMe to help you alleviate your obvious fiscal shortages.

And please, don't stop trying to find mental health professionals in Idaho who take Medicare. Given that so many aged mentally ill boomers such as yourself cling to this sad illusion that they can live "off the grid" in Idaho, there is bound to be some sort of help available.

You are clueless. My life is a gift as far as I'm concerned. I don't live "off the grid." I'm basically free to do just about anything I wish to do or travel anywhere that might interest me. I worked for every bit of it too. I probably spent more on my last trip than you have in the bank. You need to get to work and stop projecting your broke ass livelihood onto others.

 

[Noitall]

In April 2024, The state of California raised the minimum wage of fast food workers from $15.50 per hour to $20 per hour?

The usual suspects (@HisArpy, @Rightguide and the recently banhammered Censurat) loudly proclaimed the end of freedom as we know it. An industry press release of the loss of 10,000 jobs (many of them part-time in-house delivery drivers) was presented as "proof" of the upcoming fast food apocalypse.

The state of California published employment statistics this week...and guess what?

The state of California actually added a net 11,000 new fast food jobs since the law was enacted in April.

The state also noted that employers were happy now because they could attract higher caliber of job applicants at that wage AND job turnover had decreased significantly.

Prices ARE higher, as the "but,,,but,..." crew will undoubtedly claim, but prices are higher across the board in America and fast food foot traffic is dwindling nationwide. Chains are countering with "value meal deals", it remains to be seen if they will work.

This prediction from Lit's smug paraplegic paralegal did not age particularly well

as well as this bit of his usual pearl clutching...


And who can forget the whining of the guy who had to move from California because he couldn't afford the rent...

Who is the dummy now? Hmmm?

Doom and Gloom seem to be his stock-in-trade

UNEXPECTEDLY: Shake Shack to shut 6 California locations, including 5 in LA, after state’s $20 minimum wage hike. “It’s the first time the chain will close restaurants for purposes that were not construction-related, a spokesperson told trade publication Restaurant Business, which first reported the news.”

 

[MajorRewrite]

MAGAs pretending to be upset about the f-ing fast food industry in California.

You guys need to find something different to pretend to be upset about. Or just get a life.

 

[Fuzzy1975]

Raise it to $100/hr.

it was $1.95 in 1970, it's around $20 now, in 80 years it will be around $100.00, neither you nor I will be here to see it, and when it happens then there won't be massive layoffs, just a minor bump in corporate profits for a bit, till the economy evens it out.

Not even a good try Boomer, I expect better from you.

 

[BabyBoomer50s]

it was $1.95 in 1970, it's around $20 now, in 80 years it will be around $100.00, neither you nor I will be here to see it, and when it happens then there won't be massive layoffs, just a minor bump in corporate profits for a bit, till the economy evens it out.

Not even a good try Boomer, I expect better from you.

Why not $30? $40? More?

 

[YDB95]

Why not $30? $40? More?

All right, I'll bite if it will shut you up.
Yes, raising the minimum wage would cost jobs if you raised it that dramatically. But no one is calling for that, and you know it.

 

[BabyBoomer50s]

All right, I'll bite if it will shut you up.
Yes, raising the minimum wage would cost jobs if you raised it that dramatically. But no one is calling for that, and you know it.

It’s $20/hr. for CA fast food workers. It’s a hefty amount and a dramatic increase. Double the wage just 10 years ago and $4/hr. higher than the current CA state minimum wage for other industries. It’s $9 per hour more than neighboring Nevada and $5.80 more per hour than Oregon.

 

[YDB95]

It’s $20/hr. for CA fast food workers. It’s a hefty amount and a dramatic increase. Double the wage just 10 years ago and $4/hr. higher than the current CA state minimum wage for other industries. It’s $9 per hour more than neighboring Nevada and $5.80 more per hour than Oregon.

1. "Neighboring" is a misleading measure here, since very few people live close enough to either of those state lines to drive across the line just to save a buck on their extra-value meal. It's not like, say, Pennsylvania vs. New Jersey. (But then again, when NJ raised its minimum wage and PA didn't, it did not hurt fast food employment numbers at all.)
2. Yes, it's a big raise; but then again, the minimum wage was (and still is elsewhere) at a historical low in real dollars. So arguably it's just correcting for that factor.
3. If you really believed $20 was such a dramatic increase, you wouldn't have felt the need to say, "Why not $30? $40? More?"

 

[Fuzzy1975]

Why not $30? $40? More?

I'd suggest you go look up the meaning of the word "minimum". Then once you understand the term "minimum wage", we can have a discussion. Until then I suggest you stop commenting about things you don't seem to understand.

 

[RobDownSouth]

1. "Neighboring" is a misleading measure here, since very few people live close enough to either of those state lines to drive across the line just to save a buck on their extra-value meal. It's not like, say, Pennsylvania vs. New Jersey. (But then again, when NJ raised its minimum wage and PA didn't, it did not hurt fast food employment numbers at all.)

EDIT: Same thing happened in Washington and Idaho back in 2014, when Washington raised the minimum wage $1.50 over Idaho. The world did not end, and prices did not change at McDonalds, even though they had stores on both state lines.

Same thing happened years ago when Washington state raised it's minimum wage and there were two McDonalds two miles away from each other, one in Washington, one in Idaho. Net result: no change in prices at either place, because there was competition for fast food dollars.
2. Yes, it's a big raise; but then again, the minimum wage was (and still is elsewhere) at a historical low in real dollars. So arguably it's just correcting for that factor.

Absolutely

3. If you really believed $20 was such a dramatic increase, you wouldn't have felt the need to say, "Why not $30? $40? More?"

Slippery Slope was really the only logical fallacy he had left to play.

 

[BabyBoomer50s]

1. "Neighboring" is a misleading measure here, since very few people live close enough to either of those state lines to drive across the line just to save a buck on their extra-value meal. It's not like, say, Pennsylvania vs. New Jersey. (But then again, when NJ raised its minimum wage and PA didn't, it did not hurt fast food employment numbers at all.)
2. Yes, it's a big raise; but then again, the minimum wage was (and still is elsewhere) at a historical low in real dollars. So arguably it's just correcting for that factor.
3. If you really believed $20 was such a dramatic increase, you wouldn't have felt the need to say, "Why not $30? $40? More?"

Thanks for acknowledging the magnitude of the increase. BTW, it’s $5.35 more than AZ which I hadn’t mentioned in my previous explanation.

 

[RobDownSouth]

Thanks for acknowledging the magnitude of the increase. BTW, it’s $5.35 more than AZ which I hadn’t mentioned in my previous explanation.

Horrors!
Hey, I'm curious, would you know offhand the cost of housing in Arizona vs. the cost of housing in California?
No big deal if you don't, I'm sure Derpy Von Weakspine's Google-fu can provide the relevant numbers.

EDIT: Nevermind, I found it.
https://i.imgur.com/Z2SgCbH.png

 

[Rightguide]

All right, I'll bite if it will shut you up.
Yes, raising the minimum wage would cost jobs if you raised it that dramatically. But no one is calling for that, and you know it.

So, you don't think a 25% percent rise in the minimum wage in a single sector isn't dramatic for those owners? If you don't you've never run a business.