California fast food workers now make $20 minimum wage

The video discusses the high cost of living in California and the recent increase in minimum wage for fast food workers to $20 an hour. This change affects large fast food chains and poses challenges for franchise owners, who may resort to automation or price hikes. While some chains plan to increase prices, experts suggest that previous wage hikes did not negatively impact employment. The video also explores potential future implications for other states and businesses.

What did labor economist Michael Reich say about the last minimum wage increase in California?

How could California's wage changes influence other states?