Panera franchise owner, Newsom donor reverses course to implement $20 minimum wage at stores
Weighing in on the Panera minimum wage debate, "How America Works" host Mike Rowe criticized both California’s governor and the franchisee for not preparing for "unintended consequences."
"The market's a powerful thing," Rowe said on "The Big Money Show" Wednesday. "And if you're suddenly the only guy who isn't paying $20 an hour, and you're looking at a finite pool of people who want to work in the fast food industry, well, who's going to apply for a job with you?"
A major donor to Democratic California Gov. Gavin Newsom reportedly hoped to use a loophole to avoid implementing the state’s new $20 minimum wage regulations for the fast food industry – but is now reversing course, according to the Associated Press.
"Kiosks are going to replace low-wage workers. A.I. is going to have a voice in this," Rowe said. "And a Quarter Pounder with cheese is going to be a heck of a lot more expensive. This is a lesson that we seem determined to learn over and over and over again."
www.foxbusiness.com
Weighing in on the Panera minimum wage debate, "How America Works" host Mike Rowe criticized both California’s governor and the franchisee for not preparing for "unintended consequences."
"The market's a powerful thing," Rowe said on "The Big Money Show" Wednesday. "And if you're suddenly the only guy who isn't paying $20 an hour, and you're looking at a finite pool of people who want to work in the fast food industry, well, who's going to apply for a job with you?"
A major donor to Democratic California Gov. Gavin Newsom reportedly hoped to use a loophole to avoid implementing the state’s new $20 minimum wage regulations for the fast food industry – but is now reversing course, according to the Associated Press.
"Kiosks are going to replace low-wage workers. A.I. is going to have a voice in this," Rowe said. "And a Quarter Pounder with cheese is going to be a heck of a lot more expensive. This is a lesson that we seem determined to learn over and over and over again."
Mike Rowe details 'unintended consequences' from CA's $20 minimum wage: 'Bad look for the governor, Panera'
Creating political controversy over wages is a "bad look," according to "How America Works" host Mike Rowe, who warns the recent Panera debate is a step towards kiosks replacing low-wage workers.
