While discussions around the tech exodus took place throughout much of 2020 and 2021, a new discussion has begun around an industry that exists in every state in the country: the fast food business.
In the fall of 2022, the state passed what shortens to the FAST bill — the Fast Food Accountability and Standards Recovery Act could require fast-food restaurants to pay workers up a minimum wage of $22 an hour with an annual raise of 3.5%.
While initially passed, the law has faced significant pushback both from the industry and local voters. A referendum vote has been set to November 2024 and implementation is blocked until that takes place.
Industry leaders have predictably been very vocal against the law. In an open letter from January 25, McDonald’s USA President Joe Erlinger wrote that it “makes it all but impossible to run small business restaurants.”
www.thestreet.com/restaurants/mcdonalds-ceo-impossible-work-in-california