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NYC Businesses Cut Staff, Raise Prices Due to $15 Minimum Wage
by Amy Furr

The $15 minimum wage has forced some business owners in New York City to cut staff and raise their prices.

Susannah Koteen, the owner of Lido Restaurant in Harlem, said the minimum wage has directly impacted her business, and she worries that it could get worse as time goes by.

“What it really forces you to do is make sure that nobody works more than 40 hours,” Koteen told reporters. “You can only cut back so many people before the service starts to suffer.”

Thomas Grech, president of the Queens Chamber of Commerce, said he has seen an increase in small-business closures since the $15 minimum wage was implemented at the beginning of the year.

“They’re cutting their staff. They’re cutting their hours. They’re shutting down,” he commented. “It’s not just the rent.”

Continues:

https://www.breitbart.com/economy/2019/08/06/nyc-businesses-cut-staff-raise-prices-due-to-15-minimum-wage/?utm_source=facebook&utm_medium=social#

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