....According to the National Employment Law ProjectÂ’s (NELP) newest report, because the fast-food industry pays its workers less than a living wage, U.S. taxpayers must foot the bill in the form of the public assistance programs these workers must use to get by. McDonaldÂ’s alone, according to the group, cost taxpayers $1.2 billion last year. Based on NELPÂ’s estimates, 24/7 Wall St. reviewed the annual costs of providing public assistance to low wage employees working at the seven largest publicly traded fast-food companies.
“What this report shows,” explained NELP policy analyst Jack Temple, “is that whether or not you work in the fast-food industry or eat fast-food, the industry is costing you. The low wage business model that this industry is based on drains resources from the economy by forcing low-pay workers to rely on public assistance in order to make ends meet.”
Read more: Fast-Food Chains Costing Taxpayers the Most Money - 24/7 Wall St.
Fast-Food Chains Costing Taxpayers the Most Money - 24/7 Wall St.
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