It’s been six months since minimum wage for workers at large fast food chains in California went from $16 to $20 an hour.
Restaurant operators opposed the new law, claiming it would force them to raise their prices and cut jobs, but economists at UC Berkeley say their data contradicts those predictions.compared Glassdoor job posts and online food menu prices two weeks before the minimum wage raise and 2 weeks after. It found that wages increased by 18%, employment numbers remained stable and menu prices increased by only 3 to 7%, or 15 cents on a $4 burger.
Anneisha Williams said she knows the impacts firsthand. She’s been supporting her seven children on this minimum wage.“I've seen new employees getting hired,” she said."So I feel absolutely not. They're not losing out on business.
"The CEOs just need to be fair with their workers. You know, that's what I feel overall, you know," Williams said. The study’s authors said that profit margins at fast food restaurants are relatively high compared to full service restaurants, companies have room to absorb higher wage costs. The study comes as the California Fast Food Council considers further increasing the minimum wage in 2025 and in November voters will decide on a Prop 32 that would increase the statewide minimum wage for other workers to $18 an hour.
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