[marktwain]

The cost of labor is about 25% of the cost of eating out, not counting the tip. So if the 25% labor increases 15% then the OVERALL cost of dining out goes up 4.25%. Wow we are all going to die!!!

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Averages are deceptive. 25% is on the low end.

"What Are the Ranges?

Certain fast food restaurants can achieve labor cost as low as 25 percent, while table service restaurants are more likely to see labor in the 30 percent to 40 percent range, depending on the menu and extensiveness of service. Food costs (including beverages) for the restaurant industry run typically from the 28 percent to 35 percent range, depending upon the style of restaurant and the mix of sales."

[central_va]

Ok take 35%. 15% of 35% is %5.25. A nickle on the dollar. Wow, we are going to starve!!!! /sarc

[gogeo]

Exactly. And that ‘analysis’ assumes that the wage hike only affects the labor side of his ledger...ignoring the effect the hike would have on food costs, etc.