Chipotle says California's minimum wage pushed menu prices up nearly 7%
Economy And Jobs,Labor,California,Minimum Wage,Wages,Food,Business
From the Left
AllSides Media Bias Rating: Lean Left
California's $20 wage for fast food workers is just a few weeks old, and the effects on workers and customers are beginning to emerge.
At Chipotle, the law drove a 20% increase in wages for its restaurant staff in the Golden State, the company said during its earnings call on Wednesday.
To offset that cost, menu prices notched up about 6% to 7% for customers in California, CEO Brian Niccol said.
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