Saturday, September 06, 2014

Here’s How the Price of Your Favorite Fast Food Would Change With a $15 Minimum Wage

Here’s How the Price of Your Favorite Fast Food Would Change With a $15 Minimum Wage: "Thousands of fast-food workers across 150 cities nationwide gathered today to call for a $15-an-hour minimum wage.
However, a report released today by James Sherk, senior policy analyst in labor economics at The Heritage Foundation, found that fast-food restaurants would have to boost their prices 38 percent to make up for the increased labor costs."

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