Restaurants’ response to $15 minimum wage: • 71% of restaurant operators said they raised menu prices • 64% said they reduced employee hours • 43% said they cut jobshttps://www.cnbc.com/2019/04/10/higher-minimum-wage-means-restaurants-raise-prices-and-fewer-employee-hours-survey-finds.html …
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I have explained in other threads. It’s not just about the wage increase. Higher payroll increases the cost of workman’s comp and payroll taxes. It costs far more than just the wage and some just can’t comprehend these FACTS. It’s not about greed or higher profits it’s cost !!
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