Summary:
Starting April 1, fast-food workers in California will be paid at least an hour, thanks to legislation passed last fall that raised the industry-wide minimum wage. Why? “the difference between the prices consumers pay and the cost of production—have increased sharply over the past decade of growth for the industry.” Roosevelt Institute Open Thread March 24 2024 Shorter Work Week – Is It All It Promises to Be? – Angry Bear
Topics:
Bill Haskell considers the following as important: immigration, US EConomics
This could be interesting, too:
Starting April 1, fast-food workers in California will be paid at least an hour, thanks to legislation passed last fall that raised the industry-wide minimum wage. Why? “the difference between the prices consumers pay and the cost of production—have increased sharply over the past decade of growth for the industry.” Roosevelt Institute Open Thread March 24 2024 Shorter Work Week – Is It All It Promises to Be? – Angry Bear
Topics:
Bill Haskell considers the following as important: immigration, US EConomics
This could be interesting, too:
Angry Bear writes Wages Have Not Caught Up with Previous Inflation
Bill Haskell writes Cannon ball don’t pay no mind . . .
NewDealdemocrat writes Economic Data
Bill Haskell writes Industrial Policy
Starting April 1, fast-food workers in California will be paid at least $20 an hour, thanks to legislation passed last fall that raised the industry-wide minimum wage. Why? “the difference between the prices consumers pay and the cost of production—have increased sharply over the past decade of growth for the industry.” Roosevelt Institute
Open Thread March 24 2024 Shorter Work Week – Is It All It Promises to Be? – Angry Bear