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Posted: 2025-07-27 01:21:57 UTC
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
Status
Last Updated
2025-07-27 01:22:23 UTC
Verified By
Rollup News
California's fast food sector experienced a 3.2% decrease, resulting in the loss of 18,000 jobs, following the implementation of a $20/hour minimum wage law, according to a new NBER study. This contrasts with job growth in the same sector in the rest of the country. Critics argue this illustrates the negative economic consequences of rapidly increasing wages, while Newsom’s office disputes the study's findings, citing other research that indicates steady job numbers and a minimal price increase on fast food items.
Job losses in California's fast food sector
Economic impact of minimum wage increase
Conflicting research on the effects of the wage law
Job losses in the fast food industry
Disagreement over the economic impact of the wage increase
Potential for further economic consequences