“The minimum wage has not been raised in a very long time, and I think it's like at $7.25 an hour”
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Marquita Bradshaw
The International Risk Podcast ·
“They introduced a $20 fast food specific minimum wage… a 25 percent pay hike… Jeff Clemens found 18,000 fewer jobs in that industry as a result.”
Ryan Bourne · The Cato Weekly Podcast · How Bad Policy Delays Adulthood
Play from 8:26
8:26
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What was described
described California’s $20 fast-food minimum wage increase, a 25% pay hike, and its impact on employment
$20 fast-food minimum wage; 25% pay hike; 18,000 fewer jobs
Said nearby on the same subject
“If you now average across all states and localities, the kind of weighted population average minimum wage is around $12.13… a high barrier for many employers.”
RB
Ryan Bourne
The Cato Weekly Podcast ·
“We always have 20 to 25% of the risk on our AVA minimum... it's like that MGA model, except we have skill on our Lloyds syndicator side as well.”
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“It'll pay its guards an hourly wage, typically around $18, and then charge the mall a marked up rate for their services.”
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Said on The Economics of Everyday Things
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