[VanTheBrand]

Except that’s not how it played out at all! Fast Food employment did not go down but wages did go up 11%.

Prices of food went up 1.5%, which covered half the wage increase, and the employers ate (pun intended) the other half of the cost.

Here is the study by UC Berkeley from this April

https://irle.berkeley.edu/wp-content/uploads/2025/09/Effects...

[opo]

Other papers have found both employment losses and more significant price increases. A discussion of the topic was in the Ask Economics subreddit:

https://old.reddit.com/r/AskEconomics/comments/1smjx29/was_c...