California Fast-Food Minimum Wage Increase to $20/Hour Had Minimal Negative Impact on Jobs and Prices
A study from the University of California, Berkeley found that raising California's fast-food minimum wage to $20/hour in April 2024 did not lead to significant job losses or price hikes, contrary to industry warnings. The research showed that workers experienced improved incomes with minimal negative effects on employment or menu prices.
Topics: California economic research fast-food industry labor policy minimum wage