Re:Historical Data of Minimum Wage Increases and Employment ...
by crdoconnor on Sunday June 04, 2017 @03:20PM
(#14483035)
>To zeroth order, that seems reasonable. But the added expenses might shift the cost-benefit analysis enough to add motivation to explore automation
Automat restaurants have existed since the 1890s and were first touted as a cost cutting measure.
Ironically enough, they were most popular around the 1930s and disappeared roughly when the minimum wage was highest (1970s) and are now making something of a comeback, when the minimum wage is again, historically very low.
Automat restaurants have existed since the 1890s and were first touted as a cost cutting measure.
Ironically enough, they were most popular around the 1930s and disappeared roughly when the minimum wage was highest (1970s) and are now making something of a comeback, when the minimum wage is again, historically very low.