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California's $20 Minimum Wage: Job Cuts & Price Hikes

California's $20 Minimum Wage: Job Cuts & Price Hikes

Fresno News Today | 2 Min News | The Daily News Now! · The Daily News Now!

March 20, 20261m 26s

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Show Notes

Californias minimum wage boost to $20 an hour has led to increased job applications, but many are left without steady hours. Businesses are adapting with shorter shifts, higher prices, and automation. Some owners are feeling the strain, with closures and layoffs. However, a UC Berkeley study claims the wage hike raised pay without job cuts and kept price increases small. The true impact will unfold as fast food jobs and prices evolve in the coming months.

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