> Roughly 77 percent of NYC restaurants have slashed employee hours. Thirty-six percent said they had to layoff employees and 90 percent had to increase prices following the minimum wage hike, according to a NYC Hospitality Alliance survey taken just one month after the bill took effect.
> Only about 4 percent of survey respondents indicated that none of the above changes took place in their restaurants.
The minimum wage hike occurred in late 2018.
> Roughly 77 percent of NYC restaurants have slashed employee hours. Thirty-six percent said they had to layoff employees and 90 percent had to increase prices following the minimum wage hike, according to a NYC Hospitality Alliance survey taken just one month after the bill took effect.
> Only about 4 percent of survey respondents indicated that none of the above changes took place in their restaurants.
https://nationalinterest.org/blog/buzz/new-york-city’s-15-mi...