California restaurant owner fears $20 wage hike will put him out of business: 'Increase prices or close'

After hustling to keep his doors open throughout the pandemic, a Los Angles restaurant owner is speaking out against the state’s newly enacted $20 minimum wage law, fearing it could be the final straw that puts him and his employees out of business.

To counteract the financial repercussions of the pandemic, Foronda, 37, hosted a Filipino holiday market across from his restaurant to attract customers, started a board game night and arranged for a panel of DJs and emcees to discuss the history of Filipinos in hip-hop. While his initiatives have gone a long way in boosting his revenue, Foronda has also had to take a job as a nurse on weekends to keep his restaurant of five years open, the columnist writes.

So,' he continued, 'they're almost by proxy through this bill, mandating everyone to pay this $20 an hour and the small businesses, they don't have the disposable income or the capital to automate,' he told Ingraham. 'So they're either going have to increase their prices or close.'

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California set to hike wages for fast-food workers to industry-leading $20 per hourStarting April 1, the minimum wage for most fast-food workers in California will jump to $20 an hour — the highest in the U.S.
Fuente: CBSNews - 🏆 87. / 68 Leer más »