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Keyword: minimumwage

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  • Minimum Wage Increases Resulting in More Restaurant Hygiene Violations in Seattle

    07/19/2017 8:49:16 AM PDT · by PPSman · 37 replies
    EconomicPolicyJournal.com ^ | July 19, 2017 | Robert Wenzel
    Restaurants in Seattle are showing an increase in hygiene violations as the minimum wage climbs. From the paper Minimum Wage and Restaurant Hygiene Violation: Evidence from Food Establishments in Seattle by Subir K. Chakrabarti, Srikant Devaraj and Pankaj C. Patel (my highlight):
  • Applebee’s Franchise Owner Forced To Cut 1,000 Jobs After New York’s Minimum Wage Hike

    07/15/2017 9:28:10 AM PDT · by lowbridge · 59 replies
    westernjournalism.com ^ | July 14, 2017 | Andrew Kerr
    The CEO of Apple-Metro Inc., a company that operates about 40 Applebee’s restaurants in the New York metropolitan area, said he’s been forced to cut at at least 1,000 servers in the past year as a result of New York’s recent minimum wage hike. “We have 1,000 less servers this time this year than we did this time last year,” Zane Tankel told Fox Business’ Stuart Varney on Monday. That amounts a two-thirds reduction of his total workforce, Tankel said. Tankel said the minimum wage increase has forced him to adopt a “concierge” type model of having servers help customers operate self-serve...
  • Minimum Wage Cruelty

    07/12/2017 5:38:54 AM PDT · by Kaslin · 38 replies
    Townhall.com ^ | July 12, 2017 | Walter E. Williams
    There are political movements to push the federal minimum hourly wage to $15. Raising the minimum wage has popular support among Americans. Their reasons include fighting poverty, preventing worker exploitation and providing a living wage. For the most part, the intentions behind the support for raising the minimum wage are decent. But when we evaluate public policy, the effect of the policy is far more important than intentions. So let's examine the effects of increases in minimum wages. The average wage for a cashier is around $10 an hour, about $21,000 a year. That's no great shakes, but it's an...
  • New York restaurateur: we axed 500 employees because of higher minimum wage

    07/11/2017 1:38:08 PM PDT · by Lorianne · 14 replies
    Video 4:49
  • Workers celebrate L.A.'s new $12 minimum wage, businesses brace for impact

    07/01/2017 8:56:22 PM PDT · by Olog-hai · 60 replies
    Los Angeles Times ^ | July 1, 2017 7:00 AM | Natalie Kitroeff
    More than half a million Angelenos stand to get a raise this weekend, making the city the latest testing ground in the drive to boost incomes of bottom-rung workers. Some businesses, facing a labor crunch, didn’t even wait for the new, $12 minimum wage to officially kick in. Josh Loeb started doling out pay bumps among the 400 employees of his six mostly upscale restaurants about a month ago. He paid for it by inching up prices at those Santa Monica haunts, adding a dollar to an organic chicken, and 50 cents to a sandwich or salad. “It’s got to...
  • Lessons from Seattle’s courageous minimum-wage experiment

    07/01/2017 10:25:57 AM PDT · by Renkluaf · 66 replies
    Seattle Times ^ | 6/28/17 | Mark C. Long and Robert D. Plotnick
    U.S. Supreme Court Justice Louis Brandeis wrote: “a single courageous state may, if its citizens choose, serve as a laboratory; and try novel social and economic experiments without risk to the rest of the country.” Seattle’s Minimum Wage Ordinance, passed in 2014, exemplifies courageous experimentation by a local government. The ordinance aims to increase earnings of low-wage workers as one response to the troubling rise in income inequality and stagnant wages of low-wage workers. There is national and international interest in knowing how it is working. Unfortunately, not all social experiments work entirely as planned. On April 1, 2015, the...
  • Carl's Jr. fined $1.45 million by Los Angeles for allegedly underpaying employees

    06/28/2017 8:02:35 AM PDT · by NohSpinZone · 32 replies
    Fox News ^ | 6/27/17 | AP
    On Monday, L.A. City Attorney Mike Feuer announced that the city is fining Carl’s Jr. in the amount of $1.45 million, alleging that seven of its locations had failed to pay 37 workers the legal minimum wage between July and December 2016, reports The Los Angeles Times. As it stands, the legal minimum wage in California is $10.50 per hour, but Feuer told the LA Times that the seven Carl’s Jr. locations only paid out between $10 and $10.25 per hour. In total, Carl’s Jr. reportedly underpaid its employees $5,400.
  • Not Just Seattle. NYC Feeling The Heat From Minimum Wage Hikes

    06/27/2017 7:43:26 AM PDT · by SeekAndFind · 13 replies
    Hotair ^ | 06/27/2017 | Jazz Shaw
    Yesterday, Ed Morrissey looked at the “controversial” (not really) figures coming out of Seattle showing the downward pressure on employment and wages experienced there since the minimum wage suddenly spiked upward. This is unwelcome news in the Fight For 15 community and they’re pushing back on it as hard as possible. But the figures don’t lie and this result was entirely predictable in a free market economy. Seattle, however, isn’t the only place this effect is being seen. The minimum wage has been jumping upward in New York City also and similar effects are being felt. Nowhere is this...
  • Seattle’s minimum wage hike hurting low-level workers, study says

    06/26/2017 3:28:55 PM PDT · by Hadean · 16 replies
    Fox News ^ | June 26, 2017 | Dan Springer
    Seattle's first-in-the-nation $15 per hour minimum wage law is hurting the workers it aimed to help, a new study has found. The working poor are making more per hour but taking home less pay. The University of Washington paper asserts the new wages boosted worker pay by 3 percent, but also resulted in a 9-percent reduction in hours and a $125 cut to the monthly paychecks. The law also cost the city 5,000 jobs, the report said. Seattle's minimum wage ordinance, passed by the Seattle City Council and signed by Mayor Ed Murray in 2014, was sold as a way...
  • Study: Seattle's Minimum Wage Hike Hurting Hours, Employment

    06/26/2017 12:37:01 PM PDT · by Oldeconomybuyer · 24 replies
    U.S. News & World Report ^ | June 26, 2017 | By Andrew Soergel, Economy Reporter
    A new minimum wage study suggests Seattle's quest for a $15 minimum wage may not be completely painless. Not all is rosy in Seattle as the city gradually pushes to raise the minimum wage to $15 per hour, according to a new study that suggests hiring and the number of hours worked among lower-wage employees took a hit last year as minimum pay rose. The National Bureau of Economic Research unveiled a working paper on Monday that found the number of hours worked in low-skill professions dropped more than 9 percent in Seattle during the first three quarters of last...
  • The Minimum-Wage Job-Killer Strikes Again!

    06/26/2017 7:38:11 AM PDT · by SeekAndFind · 33 replies
    IBD ^ | 06/26/2017
    McDonald's stock has hit new highs in recent days, despite fast-food industry woes. Why? Mickey-D's is replacing 2,500 human workers with digital kiosks this year. Way to go, minimum-wage advocates! Working from the absurd idea that if higher wages are good for individual workers, it must be socially beneficial to have government order all employers to pay their workers more, progressives and other leftists have had extraordinary success in forcing small businesses to pay higher minimum wages. Big Mac's stock is up 27% this year. Why? Pushed by concerns over a rising minimum wage, the fast-food chain is replacing human...
  • McDonald's Hits All-Time High As Wall Street Cheers Replacement Of Cashiers With Kiosks

    06/23/2017 2:12:56 PM PDT · by Enlightened1 · 189 replies
    CNBC ^ | 06/22/17 | Tae Kim
    Cowen says McDonald's will upgrade 2,500 restaurants to its "Experience of the Future" technology by year-end, which includes digital ordering kiosks. The firm raises its rating on McDonald's to outperform from market perform and price target for the shares to $180 from $142. Same store sales estimate for 2018 raised to 3 percent from 2 percent. McDonald's shares hit an all-time high on Tuesday as Wall Street expects sales to increase from new digital ordering kiosks that will replace cashiers in 2,500 restaurants. Cowen raised its rating on McDonald's shares to outperform from market perform because of the technology upgrades,...
  • Restaurant die-off is first course of California’s $15 minimum wage

    06/17/2017 10:21:01 AM PDT · by HarleyLady27 · 86 replies
    The Fresno Bee ^ | June 13, 2017 | Jeremy Bagott
    In a pair of affluent coastal California counties, the canary in the mineshaft has gotten splayed, spatchcocked and plated over a bed of unintended consequences, garnished with sprigs of locally sourced economic distortion and non-GMO, “What the heck were they thinking?” The result of one early experiment in a citywide $15 minimum wage is an ominous sign for the state’s poorer inland counties as the statewide wage floor creeps toward the mark. Consider San Francisco, an early adopter of the $15 wage. It’s now experiencing a restaurant die-off, minting jobless hash-slingers, cashiers, busboys, scullery engineers and line cooks as they...
  • Pelosi promises: Give us back the house, and we'll give you $15 an hour

    05/26/2017 10:44:30 AM PDT · by Sean_Anthony · 27 replies
    Canada Free Press ^ | 05/26/17 | Robert Laurie
    ...and make everyone poorer in the process Of all the Dems hare-brained schemes, the “fight for fifteen” has to be one of the most idiotic. It’s a plan that will decimate jobs for young people, force corporations to eviscerate their workforces in favor of robots, send manufacturing businesses overseas, devalue the wages people are already earning, drive up the price of virtually everything you buy at retail and, in the end, will succeed only in raising the poverty line to a new, higher, level. It really is just monumentally stupid.
  • Democrats officially introduce $15 minimum wage bill

    05/25/2017 1:15:36 PM PDT · by ChicagoConservative27 · 70 replies
    Top congressional Democrats officially introduced legislation Thursday to raise the federal minimum wage to $15 an hour by 2024, up from its current level of $7.25. The move marks a stark policy change for the party, which was promoting an increase to just $10.50 as recently as 2015. "What we are here today to say is that a living wage is $15... If you are working 40 or 50 hours a week, you should not be living in poverty," said Sen. Bernie Sanders, I-Vt. He noted it had been almost a decade since the last time Congress had raised the...
  • Trump Resistance movement takes aim at McDonald’s today

    05/23/2017 6:06:54 PM PDT · by 2ndDivisionVet · 26 replies
    People's World ^ | May 23, 2017
    CHICAGO – On the heels of mass demonstrations against President Trump’s policies that have drawn hundreds of thousands of Americans into the streets, leaders of the Trump resistance movement will converge in Chicago May 23 with thousands of workers in the Fight for $15 for a “March on McDonald’s” that is expected to be the biggest-ever protest to hit the fast-food giant. On the eve of McDonald’s annual shareholder meeting, leaders of the Women’s March, Our Revolution, the Movement for Black Lives, MoveOn.org, Color of Change, NextGen and others will join forces with the Fight for $15 to demand that...
  • Bill O’Reilly Tells Glenn Beck What’s Next In First Interview Since Firing

    05/13/2017 8:58:53 PM PDT · by SeekAndFind · 18 replies
    Red State ^ | 05/13/2017 | Andrea Ruth
    Bill O’Reilly gave his first interview since his firing from Fox News in April on Glenn Beck’s radio show on Friday.Beck, while stating prior to the interview wouldn’t be about O’Reilly’s firing, nonetheless spoke to the former cable news powerhouse about his unceremonious dismissal. “Look, the entire ordeal was a hit job, and in the weeks to come, we will be able to explain some of it. It really has to do with destroying voices that the far-left doesn’t like. That’s the general tone,” O’Reilly said. O’Reilly went on to explain in vague terms “due to the legality,” of...
  • Minimum-Wage Hikes: A Feel-Good Lie That Destroys Jobs And Minority Kids' Futures

    05/12/2017 3:45:42 AM PDT · by IBD editorial writer · 8 replies
    Investor's Business Daily ^ | 5/11/2017 | Staff
    Minimum Wage: Once again, another city self-righteously imposes a minimum-wage hike on private employers. And once again, it finds out it's a business- and job-killer — and only boosts pay for a handful of people. This time it's the Big Apple, New York, that's discovering the ugly truth. But don't feel left out: Your town may be next. In "Minimum-Wage Boost Squeezes New York City Restaurants," the Wall Street Journal notes that restaurants "are being pinched" by the increase in the minimum from $9 an hour to $11 an hour at the start of this year. Sure, that doesn't sound...
  • Bernie Sanders and Patty Murray: It’s time for a national $15 minimum wage

    04/29/2017 11:49:50 AM PDT · by PROCON · 54 replies
    seattletimes.com ^ | April 28, 2017 | Bernie Sanders and Patty Murray
    It has been 10 long years since Congress passed legislation to raise the minimum wage. It’s time to raise it for all Americans.IN the wealthiest country in the history of the world, a basic principle of American economic life should be that if you work 40 hours or more a week, you do not live in poverty. Sadly, that is not the case today. While large corporations make record-breaking profits and top CEOs earn about 335 times more an hour than the average worker, millions of Americans are trying to survive on totally inadequate wages. The situation has become so...
  • San Francisco’s minimum wage spike is already shutting down restaurants

    04/18/2017 11:51:14 AM PDT · by SeekAndFind · 18 replies
    Hotair ^ | 04/17/2017 | Jazz Shaw
    Whenever I write about the “Fight for 15” and the impact of steeply increasing minimum wage rates on employment I am regularly assured by liberal activists that such concerns are either false or severely overblown. There is an entire body of work in the progressive sphere dedicated to nothing but this particular propaganda effort. The premise makes no sense in terms of basic economics (or simply math, for that matter) but it keeps on being repeated. And yet, when the experiment is moved off of the chalkboard and out into the real world the opposite always seems to happen.The...