In a recent Fox News opinion piece on September 18th, California Governor Gavin Newsom bragged about the supposed success of the new $20 minimum wage for many fast-food workers in his state. However, the facts show a different story of lower employment growth for workers and higher prices for consumers.
Governor Newsom’s claim that fast-food employment is at an all-time high relies on dubious employment data, as it has not been seasonally adjusted. His claims don’t stand up to scrutiny once one looks at the seasonally adjusted data, with fewer fast-food jobs in California than earlier this year. The new minimum wage went into effect in April, and over the following two months fast-food employment fell; it has only just gotten back to where it was before the new minimum wage was passed.
Read Full Article »
