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Fast-Food Prices to Rise 38% If Employers Paid $15 an Hour

Click here: Raising the minimum wage in the fast-food industry to $15 an hour would hurt consumers and workers. Without major operational changes, fast-food restaurants would have to raise prices by 38 percent while seeing their profits fall by 77 percent. This would cause many restaurants to close and many others to make extensive use of labor-saving technology—eliminating many of the entry-level jobs that inexperienced workers need to get ahead. Congress should not facilitate the SEIU’s attempt to inflate fast-food wages.

min wage chart