California Fast Food Workers Union demands $20.70/hr to address the cost of living increase, following recent state minimum wage increases to $20. Impact on businesses varies, with some citing adverse effects like layoffs and closures.
McDonald's and Chipotle witnessed contrasting impacts from the wage hike, with McDonald's experiencing sales declines in California while Chipotle noted a rise in earnings, partly offset by menu price increases.
#california-fast-food-workers-union #minimum-wage-increase #impact-on-businesses #wage-hike-effects #fast-food-industry-trends
Collection
[
|
...
]