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re: New $20 minimum wage for fast food workers in California is set to start Monday
Posted on 4/2/24 at 12:46 pm to Ace Midnight
Posted on 4/2/24 at 12:46 pm to Ace Midnight
What are the chances that some of these CA politicians will benefit financially from these fast food places going automated?
0
Posted on 4/2/24 at 12:47 pm to Ace Midnight
Fast food workers are losing their jobs in California as new minimum wage law takes effect
Pizza Hut announced cuts to more than 1,200 delivery jobs in December, previous reporting by USA TODAY shows. Some Pizza Hut franchises in California also filed notices with the state saying they were discontinuing their delivery services entirely, according to Fox Business.
Excalibur Pizza, a franchisee of Round Table Pizza, has plans to cut 73 driver jobs in April, which amounts to 21% of its workforce, the company confirmed with USA TODAY Wednesday.
"The franchisee is transferring their delivery services to third-party. While it is unfortunate, we look at this as a transfer of jobs," a company rep told USA TODAY. "As you know, many California restaurant operators are following the same approach due to rising operating costs." LINK
Pizza Hut announced cuts to more than 1,200 delivery jobs in December, previous reporting by USA TODAY shows. Some Pizza Hut franchises in California also filed notices with the state saying they were discontinuing their delivery services entirely, according to Fox Business.
Excalibur Pizza, a franchisee of Round Table Pizza, has plans to cut 73 driver jobs in April, which amounts to 21% of its workforce, the company confirmed with USA TODAY Wednesday.
"The franchisee is transferring their delivery services to third-party. While it is unfortunate, we look at this as a transfer of jobs," a company rep told USA TODAY. "As you know, many California restaurant operators are following the same approach due to rising operating costs." LINK
Posted on 4/2/24 at 12:50 pm to Oilfieldbiology
quote:
What I predict will happen is this, the price of everything fast food related will go up, and fewer people will have fast food related jobs, meaning fewer people will have money to buy fast food.
This will ultimately lead CA to enacting larger and larger state funded and run welfare programs for unemployed/under-employed
California’s $20 Minimum Wage Forces Mass Fast Food Layoffs
©Source: STEVEN STYLES / Cal Matters/Rahul Lal
California's minimum wage hike to $20 per hour was intended to be a boon for fast food workers, but instead, it has wreaked havoc on the industry. With mass layoffs now sweeping through major chains like McDonald's and Pizza Hut and prices skyrocketing at eateries statewide, the effects of the 25% wage increase have been anything but positive so far.
Posted on 4/2/24 at 12:50 pm to Jbird
quote:
Fast food workers are losing their jobs in California as new minimum wage law takes effect
This is impossible. Corinthians and Fare play told me that these fast food workers would benefit from this law and have more buying power.
Posted on 4/2/24 at 12:51 pm to fareplay
Posted on 4/2/24 at 12:52 pm to oogabooga68
quote:
Then posts this
Yea his threads started page kind of ruins his I'm rich act
Posted on 4/2/24 at 12:54 pm to oogabooga68
frick that thread is not even from 2 months ago
Posted on 4/2/24 at 12:55 pm to Deactived
quote:
Yea his threads started page kind of ruins his I'm rich act
The Archives are cruel to liars and OT millionaires....
Posted on 4/2/24 at 12:55 pm to Oilfieldbiology
quote:
This is impossible. Corinthians and Fare play told me that these fast food workers would benefit from this law and have more buying power.
Shahan Derian, proprietor of Lee's Hoagie House in Pasadena, told TV station KABC he's now opening fewer hours--and putting more time in on the job himself--to balance the 25 percent minimum wage increase and his ability to finance it. Inevitably, though, Derian says he and other restaurant entrepreneurs will have to offset the state-mandated expense the way all businesses do to avoid going into the red.
Affected restaurant businesses reportedly began reducing their employee rolls by 1.3 percent once the $20 wage rate compromise was concluded in September. A Congressional Budget Office study in December, meanwhile, estimated that increasing the current federal hourly minimum from $7.25 to $17 by 2029 would offer higher pay to some 18 million people, but also cost about 700,000 jobs, as employers cut labor costs.
Critics argue California's increase will harm restaurant workers, owners, and consumers alike.
"There's this idea that every single business is rolling in money, in profit; that's just not the case," Stuart Waldman, president of the San Fernando Valley Industry and Commerce Association, told KABC. "Money doesn't grow on trees. Our government seems to think so, and they're happy spending money they don't have and isn't coming out of their pockets."
Yet despite their nearing minimum wage boost, it's doubtful state officials are especially pleased. Just yesterday, they learned that significantly adjusted employment figures for February have lifted California's jobless rate to 5.3 percent--the highest in the nation. That could rise even more, and in step with the fast-food minimum wage, if the warnings by Waldman and other opponents prove correct. LINK
Posted on 4/2/24 at 12:56 pm to oogabooga68
We should have a thread for just business owners/operators for those that actually see the costs
Posted on 4/2/24 at 12:56 pm to Deactived
quote:
Yea his threads started page kind of ruins his I'm rich act
LoOk At HoW mUcH i MaKe!!!
Lives paycheck to paycheck
Posted on 4/2/24 at 12:57 pm to Jbird
quote:
A Congressional Budget Office study in December, meanwhile, estimated that increasing the current federal hourly minimum from $7.25 to $17 by 2029 would offer higher pay to some 18 million people, but also cost about 700,000 jobs, as employers cut labor costs. Critics argue California's increase will harm restaurant workers, owners, and consumers alike.
They should’ve consulted with fareplay and his Masters in Econ and stats.
Posted on 4/2/24 at 12:58 pm to John88
And folks will still buy that junk and pay absorbent cost.
Posted on 4/2/24 at 12:59 pm to lsuguy84
quote:
They should’ve consulted with fareplay and his Masters in Econ and stats.
"I am used to being a champion of labor, and I'm in this odd position," Michaela Mendelsohn, who manages six El Pollo Loco restaurants and oversees more than 170 employees, told NPR. “We're having to get more efficient. So really, what's left is ... to reduce labor hours. And I hate saying that."
Many employees will receive a 25% wage increase as a result of the new law. California is one of the most expensive states in the country to live in. And more than half of its employees work in the fast-food industry.
"It's super great," said Sandra Jauregui, who will see a $120 increase in her paycheck as a result of the bill. "At the very least, it'll give me some breathing room ... and make it easier to pay the rent and other bills."
She is, however, worried about her co-workers who could see their hours cut.
"My boss told me that he won't reduce my hours but that he will cut others' hours," Jauregui said.
Jack in the Box, Starbucks, McDonald's, and Chipotle said prices could go up 2.5% to 3.5%. Pizza Hut said the wage increase was the cause of the company warning nearly 1,000 employees they could lose their jobs.
"This policy is going to be really different in different parts of California," said Jacob Vigdor, a University of Washington professor who studied a similar wage increase in Seattle.
Vigdor's research on the increase from $9.47 to $13 an hour in Washington didn't have much of an impact on the number of jobs available but did find that workers lost hours.
"The restaurant business is a really tough business," Vigdor said. "Restaurants open and close all the time, even in places where the minimum wage hasn't changed for more than a decade." LINK
Posted on 4/2/24 at 12:59 pm to Jbird
quote:
Affected restaurant businesses reportedly began reducing their employee rolls by 1.3 percent once the $20 wage rate compromise was concluded in September. A Congressional Budget Office study in December, meanwhile, estimated that increasing the current federal hourly minimum from $7.25 to $17 by 2029 would offer higher pay to some 18 million people, but also cost about 700,000 jobs, as employers cut labor costs.
frick raising minimum wage nationally, but that tradeoff doesn't seem that bad for the min wage earners haha.
Of course they would just spend the extra money on lottery tickets and cigarettes anyway.
Posted on 4/2/24 at 12:59 pm to DownshiftAndFloorIt
quote:
Somebody actually pays that idiot a 7 figure income?
I am not sure I believe much of his claims after reading his contributions here.
Posted on 4/2/24 at 1:00 pm to Jbird
quote:
It's super great," said Sandra Jauregui, who will see a $120 increase in her paycheck as a result of the bill. "At the very least, it'll give me some breathing room ... and make it easier to pay the rent and other bills." She is, however, worried about her co-workers who could see their hours cut.
"My boss told me that he won't reduce my hours but that he will cut others' hours," Jauregui said.
How’d she guarantee that?
Posted on 4/2/24 at 1:01 pm to Oilfieldbiology
quote:No gag reflex?
How’d she guarantee that?
Posted on 4/2/24 at 1:02 pm to Jbird
Lung capacity to pull a golf ball through a garden hose?
Posted on 4/2/24 at 1:03 pm to Oilfieldbiology
quote:Most likely.
Lung capacity to pull a golf ball through a garden hose?
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