Many will close after the minimum wage increase in that State to $20 per hour.
Businesses can’t afford to stay in business. Price goes up from farm to table and all the way to the customer.
Many will close after the minimum wage increase in that State to $20 per hour.
Businesses can’t afford to stay in business. Price goes up from farm to table and all the way to the customer.
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Some of them may be able to keep operating by raising prices, hiring fewer workers, and selling less; but consumers and unhired workers lose with this option, too.