Saturday, April 23, 2016

UC Berkeley Touts $15 Wage Law, Then Fires Hundreds After It Passes

Hundreds of employees at the University of California at Berkeley are getting schooled in basic economics, as the $15 minimum wage just cost them their jobs. Too bad liberal elites “fighting for $15” don’t get it.
A week after California Gov. Jerry Brown signed the state’s $15 minimum wage boost into law, UC Berkeley Chancellor Nicholas Dirks sent a memo to employees announcing that 500 jobs were getting cut.
Coincidence? Not really.
More to come in the private sector?  Absolutely.
Article here:  http://www.investors.com/politics/editorials/uc-berkeley-touts-15-minimum-wage-then-fires-hundreds-of-workers-after-it-passes/

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