<p>Increasing the minimum wage to $15 an hour has resulted in exactly what critics have predicted: A loss of low-skilled jobs and, according to a recent study, increased prices for the goods and services provided by companies that employ low-skilled workers.</p>
<p>Brad Polumbo <a href="https://fee.org/articles/mcdonald-s-response-to-minimum-wage-hikes-totally-undercuts-the-fight-for-15-new-study-shows/?__cf_chl_jschl_tk__=12371b8eb00a6b87777029b16237044b080410ff-1615044619-0-AWnUuyl1nYzdJioZxfbQnx_4xePFxEmdLN5xXeNf-SBRoXHKwBL2SHjZilnJRNTEQh5v-SwlwhmMM3zHNlOEAxPmb9NHmTuPQvCHN_2B7RVgpR7Lx9hhIzavHX4HRWLEbeODeDP3vprCVooHshOqv7CF56oystpsaG67ODyx29_C2vWH2qe-X974flHOq4k-mOhEV_AbjhiXfpu2-mNE-7UAlsyZNM9rdHPPwLwseBuDTg9ScStwSPZ82CC-KWuKWioP_1wVu7ar6kTuQGmHeAr-qeuz9IGkE8Z3KE1OR3ZM9-PB3EYmZoVnbmTtlKamnLA28m1VRJsQhtHuset4I7PVWh2dnHroqA4_1Ugm_uV9gBgCpNy3WhnKU4CA5xwt7ifXXORDCCzF6S_Lem5F6plFqyyR3k-5k5-kZGfuSYxbRz8Sz2nYvZVDCGycgeCkTQlogwOSmVyR5QUl2k74EdA">reported</a> at the Foundation for Economic Education on a recent study from Princeton economist Orley C. Ashenfelter and Czech economist Štěpán Jurajda, which found that minimum wage hikes led to much higher menu prices at McDonalds.</p>

Minimum Wage Hike Led To Higher Prices At McDonald’s, Study Finds

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Minimum Wage Hike Led To Higher Prices At McDonald’s, Study Finds