California Fast Food Restaurants Shed Thousands of Jobs after $20 Minimum Wage Hike
California Fast Food Restaurants Shed Thousands of Jobs after $20 Minimum Wage Hike
<a href="https://dailycaller.com/2024/12/05/california-shed-6000-jobs-fast-food-wage-law/">California Shed More Than 6,000 Jobs Due To Fast Food Wage Law | The Daily Caller</a>
<a href="https://californiaglobe.com/fr/new-federal-report-california-has-lost-well-over-6000-fast-food-jobs-since-sept-2023/">New Federal Report: California Has Lost Well Over 6,000 Fast Food Jobs Since Sept. 2023 – California Globe</a>
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Reading the comments on that article was a mistake
Entry level persons with almost zero skills cannot produce enough profit to pay these high minimum wages. That is why these are known as entry level jobs
Entry-level jobs are a stepping stone for individuals with little to no prior experience or specialized skills. They are an investment for a company.
Plus, if you can't make "enough" profit (what is enough, really?) because of a minimum wage, then maybe your business doesn't have any right to exist.
(what is enough, really?)
All of it, duh. I'm surprised fast food hasn't gone after $1/hr prison labor in sympathetic states yet
Or you don't have the right to the job.
That's fine too. I'm just saying, if you need to pay peanuts to your staff in order to break even, your business plan sucks.
If you earn so little money, maybe an education would help. You are not smart enough. It is basic economics, as things get more expensive, the less consumers will spend, and look for better value elsewhere. Higher prices put a bigger economy of scale less reachable by competition. McDonald's is harmed by supply chain, and labor costs, but even more so, for a small business who wants to compete with cheap food. Starting a business and making sure the business survives is harder than established big business that grew mostly in a less costly regulatory environment. Increasing business costs reduces dynamicism, which reduces competition, and increases stagnation.
If you earn so little money, maybe an education would help. You are not smart enough.
I don't appreciate your attempt to make it personal, but I will ignore it because the issue isn't about individual education levels.
It's about fair compensation for work. A sustainable business should be able to pay its employees a livable wage while remaining profitable. If a business can only succeed by underpaying its staff, perhaps it’s the business model that needs rethinking, not the education level of its workers.
Valiant effort but we know this trash isn't here for real conversation showing up with those talking points.
Typical Neo-Liberal garbage.
People are only valuable if they can feed the machine and make line go up.