From CNBC: 2024-04-01 10:12:06

Fast-food workers in California are now earning $20 per hour, higher than the state’s minimum wage. Some chains have responded by cutting jobs and raising menu prices. The wage increase may also impact other industries competing for employees, ultimately affecting California’s labor market and economy, says economist Daniel Zhao. California’s tech sector aspired to adopt a broader $500 billion-dollar steps to recover economy but generated Covid 19 effects.



Read more at CNBC: Other business may raise pay