According to Chris Benner, professor of community and regional development and a supporter of the campaign, raising the minimum wage wouldn’t have a significant impact on the consumer.
“The estimates for $15 of minimum wage are that it would be a 10 percent increase in restaurant prices and a four percent increase in retail,” Benner said.
Davis organization attempts to raise minimum wage to $15
About the Author: Chris Benner
Chris Benner is the Dorothy E. Everett Chair in Global Information and Social Entrepreneurship, Director of the Everett Program for Digital Tools for Social Innovation, and Professor of Environmental Studies and Sociology at the University of California, Santa Cruz. His research examines the relationships between technological change, regional development, and structures of economic opportunity, including regional labor markets and restructuring of work and employment. His most recent book, coauthored with Manuel Pastor, is Just Growth: Inclusion and Prosperity in America’s Metropolitan Region.
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