California implemented a $20/hour minimum wage for fast-food workers on April 1.
California's new $20/hour minimum wage for fast-food workers was implemented on April 1, despite concerns it may hurt teenagers who disproportionately benefit from such jobs. Governor Gavin Newsom dismissed the view, saying it's a "romanticized version of a world that doesn't exist." The New York Times echoed this theme in 2019, stating that the old critique that minimum-wage laws cause unemployment has been debunked by a virtual consensus among economists.
April 04, 2024
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