Check out this study out of University of Massachusetts Amherst’s Political Economy Research Institute, showing that the Fast Food industry can pay a $15 an hour minimum wage and not lose any profits:
Restaurants will be able to save money in hiring and training costs because their workers will stick around now that they are earning a higher minimum wage. The authors base this on a number of case studies, including a look at the impact of higher minimum wages on the staff at the airport in San Francisco. (Source).
Take a look at the complete article here!
Photo source: Don Treeger / The Republican