Wage increase portends higher labor costs

Wage increase portends higher labor costs

Even as Congress debates the details of a widely supported bill to increase the federal minimum wage, restaurant operators are preparing for what they see as the inevitable ripple effect of considerably higher labor costs—namely, increased menu prices, staff reductions and altered operating hours.

While 28 states already have a minimum wage above the current federal baseline of $5.15 per hour, only eight states have a minimum wage at or above the projected new minimum of $7.25 per hou

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