S.F. minimum wage increase didn’t hurt business

Michael Reich, a UC Berkeley economics professor, was surprised to find”the San Francisco minimum wage policy has proved to be a very effective means of raising wages, without adverse effects on employment, business or the city’s economy.” The Golden Gate Restaurant Association hinted, however, at damage to the tourist industry, saying restaurants raised prices. Meanwhile, “Nathan Nayman, director of San Francisco’s Committee on Jobs, an advocacy group for large downtown companies, called the study’s conclusions ‘highly suspicious’ and suggested they had been influenced by ideology.”

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