$15 Minimum Wage Costs NYC 3,000 Restaurant Jobs
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Posted On: 03/03/2019 9:57:02 AM
$15 Minimum Wage Costs NYC 3,000 Restaurant Jobs
March 1, 2019
The Left fights for the working class. It fights and will go on fighting to see that every last one of them is put out of work. And reduced to welfare. Because the welfare class is a permanent voting base for the Left. Fight for 15 was leverage for accomplishing just that.
Data show that following the labor movement’s “Fight for $15” victory, which imposed steep annual increases in mandatory wages for workers, New York City experienced its sharpest decline in restaurant jobs in nearly 20 years.
A New York City Hospitality Alliance survey also showed that three out of four full-service restaurants said they planned to reduce employee hours. Nearly half of those surveyed said they planned to eliminate some job positions in 2019.
Recently published data from the American Enterprise Institute, a right-leaning Washington, DC, think tank, show that full-service restaurant employment declined for the first time in a decade in 2018. That year also saw the sharpest month-to-month annual decline since the attacks of 9/11.
“December 2018 restaurant jobs were down by almost 3,000 (and by 1.64%) from the previous December,” wrote economist Mark Perry, “and the 2.5% annual decline in March 2018 was the worst annual decline since the sharp collapse in restaurant jobs following 9/11 in 2001.”
This is fine.
The answer is more unionization and regulation. Also laws that prevent restaurants from firing workers. Which, of course, will lead more of them to shut down. But that's also good because it will reduce carbon pollution and save more of the planet.
Also unemployed people emit less carbon, which is why Rep. Alexandria Ocasio Cortez killed thousands of Amazon jobs.
https://www.frontpagemag.com/point/273023/15-...greenfield
March 1, 2019
The Left fights for the working class. It fights and will go on fighting to see that every last one of them is put out of work. And reduced to welfare. Because the welfare class is a permanent voting base for the Left. Fight for 15 was leverage for accomplishing just that.
Data show that following the labor movement’s “Fight for $15” victory, which imposed steep annual increases in mandatory wages for workers, New York City experienced its sharpest decline in restaurant jobs in nearly 20 years.
A New York City Hospitality Alliance survey also showed that three out of four full-service restaurants said they planned to reduce employee hours. Nearly half of those surveyed said they planned to eliminate some job positions in 2019.
Recently published data from the American Enterprise Institute, a right-leaning Washington, DC, think tank, show that full-service restaurant employment declined for the first time in a decade in 2018. That year also saw the sharpest month-to-month annual decline since the attacks of 9/11.
“December 2018 restaurant jobs were down by almost 3,000 (and by 1.64%) from the previous December,” wrote economist Mark Perry, “and the 2.5% annual decline in March 2018 was the worst annual decline since the sharp collapse in restaurant jobs following 9/11 in 2001.”
This is fine.
The answer is more unionization and regulation. Also laws that prevent restaurants from firing workers. Which, of course, will lead more of them to shut down. But that's also good because it will reduce carbon pollution and save more of the planet.
Also unemployed people emit less carbon, which is why Rep. Alexandria Ocasio Cortez killed thousands of Amazon jobs.
https://www.frontpagemag.com/point/273023/15-...greenfield
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