{"id":2889,"date":"2015-02-03T13:00:37","date_gmt":"2015-02-03T21:00:37","guid":{"rendered":"http:\/\/localhost\/premierfoodsafety_OLD\/?p=2889"},"modified":"2015-02-03T13:00:37","modified_gmt":"2015-02-03T21:00:37","slug":"minimum-wage-increase-impacts-still-just-speculation","status":"publish","type":"post","link":"https:\/\/premierfoodsafety.com\/blog\/minimum-wage-increase-impacts-still-just-speculation\/","title":{"rendered":"Minimum wage increase impacts are still just speculation"},"content":{"rendered":"<p>While many surveys look at a raise in minimum wage and assume quick service restaurants will cut labor and staff to stay in business, other studies paint a different picture.<\/p>\n<p>A University of Massachusetts-Amherst study analyzed how QSRs can recover their profit margins from increased labor costs by raising prices of the goods sold and experiencing lower turnover.<\/p>\n<p>Another consideration is that raising prices can create less demand, which could pressure staff cuts to maintain profits.<\/p>\n<p>Read the full article here: <a title=\"Could QSRs survive a $15 minimum wage?\" href=\"http:\/\/nrn.com\/blog\/could-qsrs-survive-15-minimum-wage\" target=\"_blank\" rel=\"noopener\">Could QSRs survive a $15 minimum wage?<\/a><br \/>\n[sc:mbta]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>While many surveys look at a raise in minimum wage and assume quick service restaurants will cut labor and staff to stay in business, other studies paint a different picture. A University of Massachusetts-Amherst study analyzed how QSRs can recover their profit margins from increased labor costs by raising prices of the goods sold and [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[],"_links":{"self":[{"href":"https:\/\/premierfoodsafety.com\/blog\/wp-json\/wp\/v2\/posts\/2889"}],"collection":[{"href":"https:\/\/premierfoodsafety.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/premierfoodsafety.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/premierfoodsafety.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/premierfoodsafety.com\/blog\/wp-json\/wp\/v2\/comments?post=2889"}],"version-history":[{"count":0,"href":"https:\/\/premierfoodsafety.com\/blog\/wp-json\/wp\/v2\/posts\/2889\/revisions"}],"wp:attachment":[{"href":"https:\/\/premierfoodsafety.com\/blog\/wp-json\/wp\/v2\/media?parent=2889"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/premierfoodsafety.com\/blog\/wp-json\/wp\/v2\/categories?post=2889"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/premierfoodsafety.com\/blog\/wp-json\/wp\/v2\/tags?post=2889"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}