Crazy News of the Week
Nearly 10,000 California fast food workers have been fired thanks to the state's new $20 minimum wage, according to the California Business and Industrial Alliance (CABIA), which slammed Governor Gavin Newsom for the law which went into effect April 1.
"California businesses have been under total attack and total assault for years," said Tom Manzo, CABIA president. According to Manzo, nearly 10,000 fast food jobs have been cut across the state since Newsom signed Assembly Bill 1287 into law last year.
"You can only raise prices so much," he said. "And you’re seeing it. People are not going to pay $20 for a Big Mac. It’s not going to happen."
Stunning statistic: there has been ZERO INCREASE in jobs for native-born workers in over five years, since July 2018!
Stunning statistic: there has been ZERO INCREASE in jobs for native-born workers in over five years, since July 2018! For much of the past year we had been pounding the table on two very simple facts: not only has the US labor market been appallingly weak, with most of the jobs "gained" in 2023 and meant to signal how strong the Biden "recovery" has been, about to be revised away (as first the Philly Fed and now Bloomberg both admit), but more shockingly, all the job growth in the past few years has gone to illegal aliens.
