Their demonstration kicked off a massive.

President joe biden and.

Weba princeton economist looked at the impacts of wage increases over five years at u. s.

Recommended for you

Princeton economist orley ashenfelter turned to mcdonald's to look for.

Webthey obtained data on hourly wage rates of mcdonald's basic crew employees, the prices of big macs and other information from about 10,000 mcdonald's.

Finally and perhaps most thought provokingly,.

Weboverall, the economists found that if the minimum wage goes up by 10%, the average mcdonald's restaurant will increase worker wages by about 7%.

Webwhen the minimum wage goes up, where does the extra pay for workers come from?

You may also like