Show menu

Flurry of minimum wage hikes could bring unintended consequences, economists warn

Thanks! Share it with your friends!

You disliked this video. Thanks for the feedback!

Added by XaniaNews
14 Views
Twenty-five states and dozens of U.S. cities are planning minimum wage increases in 2024, including California, which will boost minimum wage for fast-food workers to $20 per hour beginning Jan. 1. This week, Pizza Hut announced that it will lay off hundreds of delivery drivers as a result, one of the unintended economic consequences that experts say could result from the increases. Carter Evans reports.

"CBS Evening News with Norah O'Donnell" delivers the latest news and original reporting, and goes beyond the headlines with context and depth. Catch the CBS Evening News every weekday night at 6:30 p.m. ET on the CBS Television Network and at 12 a.m. ET on the CBS News app.

Subscribe to the "CBS Evening News" YouTube channel: https://youtube.com/CBSEveningNews
Watch full episodes of "CBS Evening News": https://cbsnews.com/evening-news/full-episodes/
Follow "CBS Evening News" on Instagram: https://instagram.com/cbseveningnews/
Like "CBS Evening News" on Facebook: https://facebook.com/CBSEveningNews
Follow "CBS Evening News" on Twitter: https://twitter.com/CBSEveningNews
Download the CBS News app: https://cbsn.ws/1Xb1WC8
Try Paramount+ free: https://paramountplus.com/?ftag=PPM-05-10aeh8h

For video licensing inquiries, contact: licensing@veritone.com
Category
News and politics
Tags
Minimum Wage, Employment, CBS Evening News

Post your comment

Comments

Be the first to comment

Related Articles

Categories

Latest Articles