Fast food workers in California will receive a raise to $20 per hour.
The increase only applies to chains with more than 60 locations, both corporate-owned and franchises.
Several chains are expected to raise their prices by 2.5% to 3.75%.
Restaurants may scale back hours of operation and adjust schedules to compensate for the increased wages.
There may be a potential increase in the use of kiosks and robotics in fast food restaurants.
Will all fast food workers in California receive the $20 per hour wage increase?
—No, the increase only applies to fast food workers in chains with more than 60 locations.
Will the increase in wages lead to price hikes in fast food chains?
—Yes, several chains are expected to raise their prices by 2.5% to 3.75%.
Will the increase in wages result in layoffs of fast food workers?
—It is possible that restaurants may lay off employees or scale back hours of operation.
What impact will the wage increase have on the profitability of fast food chains?
—The increase in wages may decrease the profit margins for fast food chains.
Will the use of kiosks and robotics increase in fast food restaurants?
—Yes, there may be a potential increase in the use of kiosks and robotics to offset the increased wages.
00:04Fast food workers in California are anticipating an increase in wages to $20 per hour.
00:27The increase applies to chains with more than 60 locations, both corporate-owned and franchises.
01:06Several chains are expected to raise their prices by 2.5% to 3.75%.
01:17Restaurants may scale back hours of operation and adjust schedules to compensate for the increased wages.
01:36There may be a potential increase in the use of kiosks and robotics in fast food restaurants.
