Impact of California's $20 Minimum Wage on Restaurant Closure

SOURCE www.breitbart.com
A Foster’s Freeze location in California closed down after the state's minimum wage was raised to $20 an hour, leading to job losses for restaurant workers.

Key Points

  • Foster’s Freeze in Lemoore closed due to inability to afford new salaries
  • Many California restaurants laying off workers in anticipation of mandatory wage hike
  • Economists debate whether raising the minimum wage helps or hurts workers

Cons

  • Job losses for restaurant workers
  • Potential negative impact on businesses