Ep. 251 - Fast Food Reacts to Minimum Wage Hike
Manage episode 410850799 series 3124323
Summary
On this episode we discuss how the fast food industry is reacting to the new $20 minimum wage, the confusion around who qualifies, and how this will negatively impact workers rather than help.
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Chapters
00:00 Introduction and Discussion of Minimum Wage
03:07 Anecdotal Story Time and Fast Food Industry Reaction
11:14 Exemptions and the PaneraGate Scandal
20:38 The Annual Increase in Minimum Wages
33:01 Introduction to the $20 Minimum Wage for Fast Food Workers
39:09 Challenges Faced by Businesses and Potential Job Losses
53:54 The Impact on Cafeteria Workers in Public Schools
57:36 The Barrier of Minimum Wage and Entry-Level Job Opportunities
01:05:11 Concerns about Automation and Job Outsourcing
01:08:08 Considering the Economic Impact and Drawbacks of Minimum Wage Policies
284 episode