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Sunday, September 4, 2016

Minimum Wage Hikes Blamed for Restaurant Closure

Minimum Wage Hikes Blamed for Restaurant Closure



“Unfortunately, the rapidly changing labor market for the hospitality industry has resulted in immediate, substantial increases in payroll expenses that we could not absorb through price increases,” the restaurant’s owners said. “In the last two years, we have seen a 27 percent increase in the base minimum wage, a 60 percent increase in kitchen wages, and a national shortage of skilled culinary workers.”

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