California's $20 Minimum Wage: Job Losses Warning
Update: 2025-12-10
Description
Californias twenty-dollar minimum wage for fast-food workers, implemented in April 2024, led to a loss of approximately eighteen thousand jobs between September 2023 and September 2024. A study by the National Bureau of Economic Research found this to be a two point seven percent greater decline in fast-food employment compared to the rest of the country. This data suggests that a twenty-dollar minimum wage could negatively impact the labor force in other states as well, such as Washington, Idaho, and Wyoming. Policymakers should consider the potential job losses when proposing minimum wage increases.
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