Listen Now: Retail & Fast Food Workers Get a Break With “Fair Workweek Laws”
The government stepped in to help workers in the retail and restaurant industry, and now they could be out of a job altogether.
Recently Forbes magazine took a look at the downside to recently passed laws dealing with issues such as work schedules and minimum wage. While on paper these laws look good for employees, it’s the employers paying the ultimate price.
For example, the “Fair Workweek Laws.” This means employers have to prepare work schedules for employees ahead of time. Makes sense when you consider that people have to work around school and childcare, but for stores and restaurants, it’s hard to predict how many workers will be needed per shift. Then they’re left to pay multiple employees for a night’s work with only a handful of customers.
Or the rise in minimum wage, again a necessity for most workers. But some small business owners aren’t able to keep up with the higher costs. So instead it goes to the customer, and when they don’t want to pay, they stop coming. And that means no schedules, no paychecks and no business.
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CBS News Radio national business journalist Brian Banmiller has spent more than 40 years in the news industry, covering business, politics and the economy on television, radio and in print. Currently, his “Banmiller on Business” reports are delivered to an audience of millions nationwide.
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August 28th, 2019
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