> Given that on an 8 hour shift the extra cost is just over $60
Don’t other labor costs (e.g. payroll taxes) scale with pay? So the daily savings are more than $60.
And $60/day conserves $1,800 a month, which is a decent amount of cash for a restaurant. If it’s a lunch-rush shop with marginal dinner business, $2,000/month could be the break point for that shift and those jobs.
Absent zoning reform, however, these wages are more likely to flow into higher rents versus consumption or savings.
Don’t other labor costs (e.g. payroll taxes) scale with pay? So the daily savings are more than $60.
And $60/day conserves $1,800 a month, which is a decent amount of cash for a restaurant. If it’s a lunch-rush shop with marginal dinner business, $2,000/month could be the break point for that shift and those jobs.
Absent zoning reform, however, these wages are more likely to flow into higher rents versus consumption or savings.