Similar Stories to Raising Fast-food Hourly Wages To $15 Would Raise Prices By 4%, Study Finds on Bing News

The current federal minimum wage is $7.25 per hour. Raising it to $15 (a 107% increase) would cause prices to rise an estimated 4.3%.

Topics:  raising   prices   
BING NEWS:
  • California’s fast food prices rose 7% before new $20 wage, No. 1 jump in U.S.
    California full-service restaurants raised prices by 3.3% in six months. That ranked third-highest nationally.
    05/5/2024 - 1:30 am | View Link
  • How has California's new fast food minimum wage affected menu prices?
    The first numbers are in to show the impact of California's increase in fast-food worker salaries on consumer prices.
    04/30/2024 - 12:15 am | View Link
  • California Fast-Food Chains Are Now Serving Sticker Shock
    A month after a higher state minimum wage for fast-food workers went into effect, consumers picking up burgers and burritos at chains in the Golden State grapple with prices rising at a faster clip ...
    04/27/2024 - 4:00 pm | View Link
  • California Under Fire For Layoffs After Minimum Wage Raise
    Several chains responded by either laying off employees or increasing prices, with some establishments even closing down entirely. For instance, Foster’s Freeze employees saw their wages ... certain ...
    04/19/2024 - 12:59 pm | View Link
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