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Fast-food industry fake numbers claim California's minimum wage law cost jobs

11 点作者 MilnerRoute11 个月前

2 条评论

MilnerRoute11 个月前
The numbers weren&#x27;t seasonally adjusted, according to the article, while &quot;Figures for California fast-food restaurants from the Federal Reserve Bank of St. Louis show that on a <i>seasonally adjusted</i> basis, employment actually <i>rose</i> in the September-to-January period by 6,335 jobs, from 736,160 to 742,495.&quot;<p><i>&quot;The author of the Wall Street Journal article, Heather Haddon, didn’t reply to my inquiry about why she appeared to use non-seasonally adjusted figures when the adjusted figures were more appropriate.&quot;</i><p>Now in this new article, a UCLA economics professor who&#x27;d originally pushed the &quot;job loss&quot; claims even &quot;acknowledged by email that &#x27;if the data are not seasonally adjusted, then no conclusions can be drawn...&#x27;&quot;
michelsedgh11 个月前
That might be true, but small businesses are hurting because of that law. They just can’t compete. I had a food business here in California and we couldn’t hire people so we had to close. The problem wasn’t only for me and most of the people who were in food business that I know had the same issue.
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