- California's minimum wage for w… [+5757 chars]
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Here's what might happen after California raises fast-food wages to $20, from higher burger and pizza prices to better wages for retail workers
The $20 minimum wage only applies to limited-service restaurant chains, but other restaurants and retail stores may raise wages to compete for labor.
McDonald's thinks it is better place to absorb forced wage increases in California than other chains.Jeffrey Greenberg/Universal Images Group via Getty Images
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