California's $20 Minimum Wage for Fast Food Workers
California implemented a mandate for fast food workers to be paid a minimum of $20 an hour, which could lead to job losses and inflation. Some restaurants are responding by laying off workers, raising prices, and potentially attracting illegal immigrants.
Key Points
- Minimum wage increased to $20 an hour for fast food workers at large chain restaurants
- Establishment of Fast Food Council for further wage hikes
- Some restaurant chains are laying off workers and raising prices in response
Cons
- Potential job losses for vulnerable workers
- Inflation concerns due to raised prices
- Possible attraction of illegal immigrants