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What happened after the fast-food pay raise in California? New data explains
Phys
16:20
Fast-food workers in California may be earning more money, but their employers are cutting their hours to make up for the cost of higher pay. That's from a new study published in Applied Economic Letters in early March. Northeastern University postdoctoral research fellow Hitanshu Pandit, who was the author on the paper, used cellphone data to analyze the impact of a law that increased the Golden State's minimum wage for fast-food workers by 25%.