Chipotle hikes prices to cover the cost of raising wages

cnbc ^ | JUN 8 2021 | Amelia Lucas

[BenLurkin]

Thanks, Biden.

[butlerweave]

They should consult with AOC she knows how it works , LOL

[SaxxonWoods]

Tomorrow: Chipotle employees complain they can’t afford to eat at work after prices are raised.

[Tipllub]

I wonder if the lunkheads will realize that their “pay raise” doesn’t mean much when the raise is less than the rate of inflation.

[Bernard]

leisure and hospitality industries added 292,000 jobs, but employment in those fields is still down by 2.5 million compared with pre-pandemic levels,

Just as a comparison, what is the total employment in these fields in the big cities which have turned into ghost towns? It feels like the rest of the country is back to normal and it's the large metro areas that are below normal levels.

[ProtectOurFreedom]

When does the "Wages" part kick in?

[libertylover]

Owner says: If I pay you $15/hour I’ll have to fire 1/3 of you. Any volunteers?

[John Milner]

So will expected tip percentage be lowered?

You’re getting more money in pay.

We’re paying more for the meal. Is the service better now or should my tip be the same as before the prices were hiked?

[ProtectOurFreedom]

Everybody to the attics and basements! Do your patriotic duty and dust off these relics. Get ready to tie a yellow ribbon around that old oak tree out front, too.

[Nateman]

The only good thing about the coming inflationary wave is that it is going to cause wide spread dissatisfaction with the ruling Junta. It is going to wake up a lot of otherwise low information voters. The RATs will probably take us to war to get us to look the other way.

[ProtectOurFreedom]

AND you pay taxes on the extra income!

[Mrs. Yuleeyahoo]

Good for Chipotle. I don’t and won’t eat there. Too much history of making their customers sick.

[Bigg Red]

Surprise!

[Vision]

The Obama entitlement tax.

[Trailerpark Badass]

Pretty sure tips aren’t expected at Chipotle. It’s like a cafeteria line. That said, if you’re making $15 an hour, no way I’m tipping you a cent. When I worked for tips, I was paid $2.35 an hour.

[a fool in paradise]

At least they have an excuse this time, there was a time where they hiked the prices because they were the industry leader and realize they could take their prices and still survive.

And their competitors in that industry likewise the price hike.

[unixfox]

I remember making 2.35 an hr. after school at a body shop in the 70’s. Now those were the good ole days!

[Chode]

unpossible... the RATS said so!!!

[bwest]

I’m pretty sure you can make a burrito with a robot.

[faithhopecharity]

inflation increasing (gasoline now $4.69, all restaurants hiking their prices, grocery and meat prices going up fast too

and every business wants to hire workers but cant because people make more money at home on the new welfare handouts than they can earn working