Tech Insider : Economy
An aerial view of fast food restaurants on Crenshaw Blvd including Taco Bell, McDonald's, Yoshinoya, Subway, El Pollo Loco, Little Caesers, Panda Express,Taco Bell, and Smart & Final grocery store. Photo taken in south Los Angeles Friday, March 29, 2024.
McDonald's raised menu prices in California to offset the state's $20 minimum wage for fast-food workers.
Tech Insider : Economy, Politics
Gavin Newsom
California raised its minimum wage for staff at quick-service restaurant chains to $20.
Tech Insider : Economy
Photo of hands holding a hot dog and fries covered in ketchup. Some ketchup is on the table
A combination of wage and labor inflation pushed fast-food prices up during the pandemic.
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Healthy acai bowl with granola, fresh fruits and berries for breakfast, served in a bowl on a wooden table alongside a cup of coffee and glass of water
A Vitality Bowls franchisee in San Jose told BI how he's trying to absorb California's $20 minimum wage for fast-food workers.
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Mims, Florida, McDonald's Fast food restaurant inside cashier and checkout counter, 2023
The $20 minimum wage for fast-food workers came into effect on April 1.
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Signs for casual dining and fast food restaurants are seen along U.S Route 11 in Bloomsburg PA
Fast-food franchisees in California are raising prices to offset the state's new $20 wage.
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The Burger King logo is seen at its fast food restaurant branch in Danville, Pennsylvania
Restaurants are putting up prices, cutting staff's hours, and turning to tech to offset the new minimum wage for fast-food workers.