California’s new $20 minimum wage could leave the state with higher unemployment for years to come, economist says
California implemented its $20 minimum wage law for fast-food workers on Monday, bumping pay up to 25% from the state’s $16 minimum. Impacting over 500,000 workers in the state, the mandate was heralded as a success for labor organizers—but businesses are fearing they’ll have to lay off workers or hike up prices to offset increased […]