The Minimum Wage Eats Restaurants – WSJ

Source: The Minimum Wage Eats Restaurants – WSJ

For some empirical backup, consider an April study from Michael Luca at Harvard Business School and Dara Lee Luca at Mathematica Policy Research. They used Bay Area data from the review websiteYelp to estimate that a $1 minimum-wage hike leads to a 14% increase in “the likelihood of exit for a 3.5-star restaurant.”

Also, this clip…

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