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Map Shows California Five Guys Locations Closing Amid Layoffs
In a study of the impact of the minimum wage increase, University of California, Santa Cruz economics lecturer Stephen Owen said in March that there’s been more interest in fast-food jobs, but less demand for workers because of the higher cost.
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California’s $20 fast food wage yields higher prices, fewer jobs, more automation
On Wednesday, University of California – Santa Cruz released a real world appraisal of how the $20 mandate has affected owners and employees of fast food franchises. Stephen Owen, an economics lecturer, and a team of undergraduate helpers visited and studied more than 100 outlets in Santa Cruz and the Central Valley and came away with data…
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Exploring the impacts of California’s minimum wage for fast food workers
Workers at franchised fast food restaurants got a big pay bump about two years ago. A UC Santa Cruz economics researcher suggests that may have come with a side of unintended consequences.