Quote:
Originally Posted by Rusty
The strike will lead to more automation on the line resulting in fewer jobs. Just seen in California where a bill is awaiting the governor's signature. It will raise the fast food workers wage to $20.00 an hour, plus a few other thing in the bill will raise the cost. This will lead to more automation in Micky D's. Leading to fewer jobs.
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The issue with raising minimum wage, esp. during inflation, is that this will kill off many jobs. Companies aren't going to take a hit on their bottom line and CEO's aren't going to take a lower bonus, much less a pay cut, so the only option is to limit workforce overhead.