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Gov. Newsom plays moderate, but his $20 minimum wage hike backfires with jobs lost, prices soaring, businesses fleeing

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Manage episode 486845360 series 3669733
Content provided by Amanda Head. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Amanda Head or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

On this episode of the podcast, Amanda Head explores California’s recent $20 minimum wage hike for fast-food chains is making waves, and not in a good way. Head talks with Rebekah Paxton from the Employment Policies Institute who unpacks the real impact of the law, from 16,000 lost jobs to soaring menu prices and a growing shift toward automation and business relocation. Signed by Governor Gavin Newsom and enacted on April 1, 2024, this policy is reshaping the industry and raising questions about its long-term consequences. The duo also explores whether similar wage mandates could take shape in other states.

You can follow the work of Rebekah and her organization by following their accounts on X by searching for their handles: @PaxtonRebekah or @EPIOnline.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

  continue reading

220 episodes

Artwork
iconShare
 
Manage episode 486845360 series 3669733
Content provided by Amanda Head. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Amanda Head or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

On this episode of the podcast, Amanda Head explores California’s recent $20 minimum wage hike for fast-food chains is making waves, and not in a good way. Head talks with Rebekah Paxton from the Employment Policies Institute who unpacks the real impact of the law, from 16,000 lost jobs to soaring menu prices and a growing shift toward automation and business relocation. Signed by Governor Gavin Newsom and enacted on April 1, 2024, this policy is reshaping the industry and raising questions about its long-term consequences. The duo also explores whether similar wage mandates could take shape in other states.

You can follow the work of Rebekah and her organization by following their accounts on X by searching for their handles: @PaxtonRebekah or @EPIOnline.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

  continue reading

220 episodes

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