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News@lemmy.world · 2 months ago

California’s Fast-Food Minimum Wage Hike Didn’t Cut Jobs or Raise Prices Significantly, Study Reports

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California’s Fast-Food Minimum Wage Hike Didn’t Cut Jobs or Raise Prices Significantly, Study Reports

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News@lemmy.world · 2 months ago

Plus, In-N-Out hacks, Estrano returns, and more

https://archive.ph/VNXLW

here is a link to the study that the article cites : https://irle.berkeley.edu/wp-content/uploads/2024/09/Sectoral-Wage-Setting-in-California-09-30-2024.pdf

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2 months ago
That’s because price points exist. People will only pay so much for fast food.

Turns out wage increases don’t affect prices, just like the research has shown.

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