California's $20 Minimum Wage Impacts Fast Food Industry

Price hikes and reduced foot traffic observed as chains adapt to new wage law

Fast food prices in California have increased following the minimum wage hike to $20 an hour.
Foot traffic at major chains like McDonald's, Burger King, and Wendy's has declined since the wage increase.
Some fast food chains have closed locations or reduced staff to manage higher labor costs.
Casual dining restaurants like Olive Garden and Chili's have seen increased visits as consumers shift preferences.
The new wage law aims to help workers with rising living costs but has faced opposition from the fast food industry.