California's new $20 minimum wage rule will exempt restaurants that sell bread, handing a lucrative break on wages to the Panera chain and one of Governor Gavin Newsom’s longtime allies https://t.co/fvC7QCfTla
— Bloomberg Markets (@markets) February 28, 2024
California's new $20 minimum wage rule will exempt restaurants that sell bread, handing a lucrative break on wages to the Panera chain and one of Governor Gavin Newsom's longtime allies
https://x.com/markets/status/1762831969690255650
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Wagies will work less at the bread stores, corporate boomers will attribute it to being laziness.
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Depends on the supply of low-skill labor for a service job like this.
Assuming excess laborers, bread wagies will just have to cope and seethe as they'll be at risk of rapid replacement if they fail to meet previous standards.
Assuming lack of laborers, they'll just raise wages up to $20.
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