Thousands of Californians lose jobs thanks to Newsom’s $20/hr minimum wage – report ...News

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Thousands of Californians lose jobs thanks to Newsom’s $20/hr minimum wage – report
source : Russia Today ( News ) () 48
Fast-food restaurants have recently had to lay off nearly 10,000 workers, according to a major trade group Californian fast-food restaurants have had to slash some 10,000 jobs in recent months due to the state’s new minimum wage hike, according to a recent report by the California Business and Industrial Alliance (CABIA) trade group. The report comes after California’s Democratic Governor Gavin Newsom signed a bill dubbed AB 1228 in September of last year, raising the state’s minimum wage from $16 to $20 an hour. The law came into effect in April and many companies have since been forced to close down, raise price

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