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RE: LeoThread 2025-12-02 19-53

in LeoFinance2 days ago

Part 1/12:

The Crushing Reality of California's $20 Minimum Wage: A Wake-Up Call for Policy and Economy

In recent discussions and a new study, the consequences of California's bold, yet controversial, minimum wage increase to $20 an hour have come into sharp focus. While intended to elevate worker pay and promote economic fairness, the actual outcomes tell a different story—a story marked by job losses, increased prices, and accelerated automation that threaten both workers and the industry’s future.

The Industry-Specific Fallout: Thousands of Jobs Vanish