“Restaurant Recession” Hits NYC Following $15 Minimum Wage.
Now, across the city, restaurant owners and operators are reworking their budgets and operations to come up with those extra funds. Some restaurants, like Rosa Mexicano, are changing scheduling. Other restaurateurs are cutting hours and staffers, raising menu prices, and otherwise nixing costs wherever they can.
And though the new regulations are intended to benefit employees, some restaurateurs and staffers say that take home pay ends up being less due to fewer hours — or that employees face more work because there are fewer staffers per shift. “The bottom line is, we have to reduce the number of hours we spend,” says Chris Westcott, Rosa Mexicano’s president and CEO. “And unfortunately that means that, in many cases, employees are earning less even though they’re making more.”
In a survey conducted by New York City Hospitality Alliance late last year, about 75% of the more than 300 respondents operating full-service restaurants reported they’ll reduce employee hours this year because of the new wage increases, while 47% said they’ll eliminate jobs in 2019.
Note also that the survey also reported that “76.50% of respondents report reducing employee hours and 36.30% eliminated jobs in 2018 in response to mandated wage increases.”
NYTIMES Headline–
Plus their tips will be smaller because customers know they’re making more.
FIGHT FOR UNEMPLOYMENT!
Say, that doesn’t pay $15 an hour though.
NYC, which gave us Alexandria Obviously-Crazy (Econ Major), doesn’t understand market forces …. who’da thunk it?
Well, their turning everything into shite is exactly the point: they intend to seize power from the chaos.
Like hyenas.
Be a lion, and slaughter them.
Service will suffer. Earnings will suffer. Prices will increase. Hiring will end. Everything will be adjusted to cover the additional burden placed upon the business owner. This is a lose-lose just like every Leftist idea. Couldn’t have happened to a better city.
Could George Castanza ever be served by a $15 an hour waitress…..
The liberal brain is blind to results. If they mean well, that’s enough.
HOW MANY TIMES DO LIBERALS HAVE TO PROVE WHAT DOESN’T WORK??
Go ahead libs. Do your superiority dance. Virtue signal away. Never mind the little people.
next, NYC will mandate a 30-hour week for all ‘workers’, even if they don’t actually work that many hours
… you know it’s coming
Heart wrenching sad picture from NYC,,,
MOVE!
it’s not like your in Uganda,,,
Repeatedly riding the wrong horse down the wrong trail in the wrong direction and still expecting to reach their destination… if they even know where they’re trying to go.
We tried to tell them but they just wouldn’t listen.
And the voters you rode in on . . .
That NYT headline: After Winning a $15 Minimum Wage, Fast Food Workers Now Battle Unfair Firings.
Uhhhhh…yeah???…tell me about it…maybe I misunderstand. Sometimes my illogical brain plays tricks on me.
@Corky – “Plus their tips will be smaller because customers know they’re making more.”
Their tips will be non-existent because they’re already being paid their tips from the increased prices the owners must charge.
@ΜΟΛΩΝ ΛΑΒΕ – “next, NYC will mandate a 30-hour week for all ‘workers’, even if they don’t actually work that many hours”
A 30-hour week with half the employees seems fair, doesn’t it? After all, if you’re being paid $15/hour, you should do $15/hour’s worth of work.
Just ask a retarded Canadian why they don’t tip. “Because WE pay our employees a living wage!” That’s what they say. Trust me on that. I’m an expert on Canadian Jackassary. The differnce between a Canadian and a canoe? Canoe’s tip. Service people of America should be careful what they wish for. Higher wages = Less money in that industry. Trust me. Im an expert in that one too.
Getting tips plus minimum wage waiting tables while in college, I never earned less than $15 an hour…IN THE 1980s!!!
Just think what New York will do for the world!
With all those new coders.
@Bman; Gee, you sure are an expert in a lot of things.
https://www.tripsavvy.com/canada-tipping-guide-1481696
Canadians do tip and tip well for good service. The above is a guide but the others I found give pretty well the same advice.
Get serious.
They (the socialists) knew the results.
They also understood that the frustration and dismay that would foster itself in the “workers” which is another source of discontent to tap into – for few of the displaced will put 2 and 2 together and see that their unemployment (or reduced employment) is the result of a pernicious policy that was disguised as something beneficial.
Don’t kid yourselves. Math works the same no matter the political leaning of whomever does the equation. Throw more onto welfare and demand higher taxes to pay for more welfare. Same as during the Obola years. Seize more power. Repeat.
Next it will be $18/hr. more will be thrown out of work. Then raise it again. The morons never figure it out – just vote for more.
izlamo delenda est …