California Trade Group Reveals Devastating Impact of $20 Minimum Wage, Publishes Full-Page ‘In Memoriam’

CLARIFICATION, June 13, 2024: Los Angeles Times business columnist Michael Hiltzik noted that the figure of nearly 10,000 jobs lost because of the $20 minimum wage in California was not seasonally adjusted. The article has been updated to make that clear and to identify the source of that number. The California Business and Industrial Alliance trade group reported that an analysis of fast food employment in California found a net … Continue reading California Trade Group Reveals Devastating Impact of $20 Minimum Wage, Publishes Full-Page ‘In Memoriam’