(Western Journal)—California’s latest “victory” in progressive policymaking is now measurable in lost jobs.
The state’s $20 fast-food minimum wage law has reportedly cost nearly 18,000 jobs, according to a study published by the National Bureau of Economic Research earlier this month.
Researchers Jeffrey Clemens, Olivia Edwards, and Jonathan Meer found that fast food jobs in California dropped 3.2 percent after AB 1228 went into effect in April.
“Our median estimate translates into a loss of 18,000 jobs in California’s fast-food sector relative to the counterfactual,” they wrote.
So much for helping low-income workers.
- Read More: westernjournal.com
