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Progressives once embraced minimum wages as a tool to exclude marginal workers from the labor market. Modern advocates have different goals, but the same economic effect.
The minimum wage increased significantly in 19 U.S. states on New Year's Day. Minimum wages are often portrayed in the mainstream press as a straightforward way to raise incomes for the lowest-paid workers, but this portrayal ignores the underlying
In a recent post on this site, Jacob Hornberger asked, "Why Not Raise New York's Minimum Wage to $100?" That's an excellent question, one I would love to hear any advocate of the minimum wage answer
With benefits, the effective wage is $38.35. This is inflationary.
The Center for Union Facts, an anti-union advocacy group, ran a full-page ad imploring the Los Angeles City Council to not adopt a $30 hotel minimum wage, citing state data showing the city lost 11,000 hotel jobs in 2024 despite a growing population.
Once upon a time, the state did not intervene in economic matters, and the people were more prosperous because of it.
A waffle shop in Seattle is being forced to close down over the city's new $20 per hour minimum wage law, according to a new report by the New York Post.
What did people do with the extra time they got from working less? In short, the answer is, they relaxed.
The push to raise the minimum wage is relentless.
Months after the state of California passed a law mandating that restaurants pay their employees a minimum wage of $20 an hour, the state's fast food workers are angling for another increase.
The $20 fast-food mandate is harming workers and business.
Nearly 10,000 California fast food workers have been fired thanks to the state's new $20 minimum wage, according to the California Business and Industrial Alliance (CABIA), which slammed Governor Gavin Newsom for the law which went into effect April
"Feedback from our members suggests this has become a breaking point for many small restaurant businesses."
Blue states that implemented minimum wage hikes are seeing a drastic rise in food prices.
This year, 22 states are raising their minimum wage, impacting almost 10 million workers across the country.
Minimum wage increase forcing restaurants to pass operating costs onto consumer.
The minimum wage outlaws jobs. The only question is which jobs are outlawed. In California, any job that can be done for less than $20 are illegal in fast food chains. Naturally, prices for consumers will go up, workers are laid off (thanks to a law!
'I can't charge $20 for a Happy Meal': McDonald's franchisee responds to California's new fast-food worker wages
This result shouldn't surprise anyone. Inflation has driven up operational costs for businesses across the US and shrunk profit margins for major food chains in the past few years.
I wish we could call "April fool!" on the $20 minimum wage hitting California fast-food restaurants on April 1. But the wage hike signed into law last September by Gov. Gavin Newsom is really going to hit hard.
California restaurants are reportedly laying off staff and reducing hours for other team members in an effort to cut costs ahead of a California state law taking effect on April 1 that will raise fast-food workers' hourly wage to $20.
Multiple Pizza Hut franchises in California, collectively operating hundreds of stores, are laying off 1,200 in-house delivery drivers ahead of a new law taking effect in April that raises wages to $20 per hour
According to an analysis from the Massachusetts Institute of Technology, the minimum wage does not suffice to pay for a typical set of living expenses in any state of the United States.
Finds Out Afterwards It Will Cost California $4 Billion
When it takes effect on April 1, fast food workers in California will have the highest guaranteed base salary in the industry. The state's minimum wage for all other workers -- $15.50 per hour -- is already among the highest in the United States.
McDonald's to spend $250,000 more per restaurant per year
The New York Times has just published an article on the minimum wage that is a major embarrassment to liberals/progressives. Mind you, that was clearly not the Times' intent, but that is certainly the effect of the article.
According to an article on the website Common Dreams, leftists are lamenting the fact that the federal minimum wage has not been raised since 2009.
The purpose of a minimum wage is to establish a baseline income level for workers in a given jurisdiction. Ideally it's enough to cover basic needs like food and housing, but this isn't always a guarantee.
