Sunday, August 18, 2019

NYC's $15 minimum wage hasn't brought the restaurant apocalypse — it's helped them thrive

https://www.businessinsider.com/nyc-restaurant-industry-thriving-after-15-dollar-minimum-wage-2019-8?fbclid=IwAR1VPPPwRFlqlf5KCuaj7_1m5QpLHC1f1aa0zKkVRADPEpk5VTXM-d3wktg
"New York City restaurant workers saw their pay increase by 20% after a $15 minimum-wage hike, and a new report says business is booming despite warnings that the boost would devastate the city's restaurant industry. As New York raised the minimum wage to $15 this year from $7.25 in 2013, its restaurant industry outperformed the rest of the US in job growth and expansion, a new study found. The study, by researchers from the New School and the New York think tank National Employment Law Project, found no negative employment effects of the city increasing its minimum wage to $15."