Chaos in California: Newsom Deals with Minimum Wage Law Fallout-Carve out for Panera Bread!

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California’s recent move to raise the minimum wage for fast-food workers to $20 per hour, up from the current $15.50, effective April 2024, has sparked significant discussions about its impact on the labor market, businesses, and the broader economy. The decision, which follows legislative efforts to bolster the wages of the state’s lowest-paid employees, has elicited diverse perspectives on its potential consequences and implications.

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The minimum wage law appears to contain an exemption that benefits Panera Bread franchise owner by Greg Flynn, a major campaign donor to Governor Newsom. However, Newsom denies that the company is exempt.

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While the law aims to help low-wage fast food employees, it does not apply to restaurants with on-site bakeries selling bread. “This story is absurd,” Newsom spokesperson Alex Stack said.

https://www.msn.com/en-us/money/markets/chaos-in-california-newsom-deals-with-minimum-wage-law-fallout/ss-BB1lzRYs

Calls are being made for investigaitons!

h/t Emeraldlight


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