Posted on 04/09/2024 4:22:35 AM PDT by grundle
A Fosters Freeze outlet in Lemoore shut down on Monday — the same day the new minimum wage kicked in — and its workers are now out of a job.
Monica Navarro, former assistant general manager of that Fosters Freeze location, told Fox Business that she and her former colleagues would prefer the old wage over being unemployed.
“From the people that I spoke to, my employees, we would have rather stayed at the wage that we did have before, just because now we don't have a job,” she said. She also observed the impacts of the new minimum wage on those fortunate enough to keep their jobs, stating, “Those who are still working in the areas around us that went up to $20 an hour, they got their hours severely cut and it's a lot less people working on shifts, so their jobs got a lot more difficult.”
(Excerpt) Read more at moneywise.com ...
The government should not have the authority or legal right to set any minimum wage standards.
It is pure socialist wealth redistribution.
It holds the hard workers and top performers down and boosts the slackers and low performers up.
In that particular location, no one because the store shut down. In other locations they’re saying the employees have to do the work in fewer hours.
Ok, what happens next? Will another retailer step in? How about a small business instead of a chain? Our what exactly...
How do you know she's a Democrat?
Well, they could always learn to code. /s
the law of Unintended Consequences
I’ll bite: No one is doing the work. It costs the business too much to sell fast food at what the traffic will bear, pay the employees, maintain the operation, and turn a profit.
The woman was an assistant manager. She managed other employees and probably did some work serving customers herself. She can add that position and related skills to her resume and use it to find a better job or the same job in the service industry or another managing other employees. ...Or begin the climb again in another job.
If she was already doing better than the minimum, she can’t run the operation by herself as it costs too much to employ staff to work it (and for her to manage) in lieu of the franchise owner.
Do I have that right? What am I missing in your question?
it may become another Vacant Commercial Property
The Ford Principle, in reverse.
Now she can get unemployment and learn to get by on less with fentanyl and marijuana, saving the climate.
It’s California, dude.
Fosters Freeze outlet in Lemoore shut down on Monday
You are only addressing half the equation, the supply side. There was a demand for the product they sold which is no longer available, so where does that demand now get fulfilled?
So for whatever they sold, where do the customers go to get that product now?
Fosters Freeze is a restaurant chain. Nobody is replacing a location that closes. It’s an industry that does business that is almost entirely discretionary.
My guess is that the journey towards a retail desert in California will continue.
99 Cents Only Stores Closing All 371 Outlets in California, Arizona, Nevada, and Texas Amid Economic Strains
12 More Rite-Aid Locations Closing in California in 2024.
Three More Major Retail Locations Announce San Francisco Closures
L’Occitane, Sephora at SF Centre, and The North Face at Union Square closing
https://liteonline.com/closed-california-brands-2024/
So the customers stop eating altogether, go somewhere else ( $$$ more business for them $$$ ) or they shop and make their own meals at home. Which is it?
Ok, so who is doing the work of these OVERPAID people let go? Is the work not getting done? Perhaps this postition needed eliminating anyway.
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No one - they closed the restaurant.
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