New Law In California Putting Thousands Out Of Work And Potentially Closing Hundreds More Businesses

Most of California’s fast-food workers are set to get a raise today.. the minimum wage is rising to at least $20 per hour. Alex Johnson owns 10 Auntie Anne’s pretzels and Cinnabon locations in the bay area. He calculates the required minimum wage increase– is going to cost him 470-thousand dollars a year…

Democrats in the California state Legislature passed the law last year. Now, thousands of workers have already been laid off and some fast food franchisees say they will be forced to close or re-locate to other states to survive.