Good news restaurant workers, you got minimum wage hike... bad news, your restaurant closed.....

2aguy

Diamond Member
Jul 19, 2014
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Yep.......the people who fought and attacked to get a raise in minimum wage to 15 dollars an hour in San Fransisco......well you won.....

Now those people who get the wage...no longer have jobs to actually get paid that wage....

Surprise, San Francisco Restaurant Workers! Minimum Wage Hike Is Killing Restaurants By The Dozens

In the winter of 2016-17, 64 restaurants that around the Bay Area have closed. And these weren’t your garden variety restaurants that were parts of national chains; they closed all over the area, from Berkeley to Hayes Valley to Oakland to the Embarcadero to Inner Richmond to the Marina to the financial district.

But that possibility didn’t matter to the groups fighting for a wage hike, including “Fight for 15,” which stated, “We’re robbed on the job by our employers looking to cut corners. And it’s not like our employers are struggling – these are multi-billion dollar corporations.”

In April, the Harvard Business School, released a study that had examined restaurants in the San Francisco Bay Area between 2008 and 2016 titled, “Survival of the Fittest: The Impact of the Minimum Wage on Firm Exit.” The study posited that a $1 increase in the minimum wage led to a roughly14 percent increase in the likelihood of a median 3.5 star restaurant closing. The study concluded that over the next two years, San Francisco’s restaurant industry would shrink, meaning the workers would lose jobs.
 
$15/hour? Aren't those people tipped?

Waiters and waitresses already make too much money. A few I used to know made over $20/hour.
 

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