The data comes from the new Bureau of Labor Statistics Quarterly Census of Employment and Wages
By the time California Governor Gavin Newsom signed into law the $20 minimum wage for fast food workers, he had been warned by many that it would be devastating for the industry, but he did it anyway. Now, 16,000 fast food jobs have been lost and fast food prices are up more than 14.5%. And here is why: the $20 minimum wage harms California’s least skilled and least experienced workers, as they are no more productive, but are significantly more expensive, and results in harms the business owners as well.
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This week, new data released from the new Bureau of Labor Statistics Quarterly Census of Employment and Wages (QCEW) shows that California has now lost as many as 16,000 fast food jobs.
The Bureau of Labor Statistics Quarterly Census of Employment and Wages includes mandatory reports from industry employers. The Employment Policies Institute reminds us that “this dataset is the gold standard for economists, and has been lauded by even Newsom’s favorite economists as the best on-the-ground look at a sector’s economic situation.”
A new analysis from the Employment Policies Institute of quarterly data from the Bureau of Labor Statistics revealed that California has lost as many as 16,000 jobs since the state’s $20 fast food minimum wage law was signed in September 2023. (The state is down nearly 14,000 jobs since the law officially took effect in April 2024.) The data includes mandatory reporting from all fast food establishments and covers the first six months since the implementation of the law. See the monthly changes here:
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But But But….
Isn’t the Democrat stupidity supposed to help?
Wasn’t it supposed to reduce welfare ????
And you still vote Democrat?
NATCH!!!! Who didn’t see the writing on the wall????
I REFUSE to use the self-checkout lines at the supermarket – A> I don’t want them to accuse me of “forgetting” to scan something or otherwise hassling me. AND – B> I worked my way through college as a supermarket cashier. It was a GREAT job at the time, decent money (BETTER now), and it didn’t take a lot of brain power other than knowing how to break down prices for 1 of 3 for a buck, or whatever. We didn’t have scanners and had to know prices and breakdowns. It was way more fun than waitressing – where you never knew how much you would earn in a day/week and I generally didn’t get food spilled all over me. I only had to deal with an unpleasant customer for a few min, could make them feel a little better, and on to the next one.