Minimum wage hike leaves bad taste for NYC’s hospitality sector
6/5/19
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from New York Post,
6/1/19:
New York’s restaurant and hospitality sector is preparing for another round of layoffs after suffering the steepest job losses over the last decade.
Surging costs are squeezing profit margins faster than barkeeps can pull pints. And nervous owners fear the latest high-profile push by Rep. Alexandria Ocasio-Cortez (D-NY) to raise the minimum wage for tipped employees will, if enacted, trigger more industry layoffs even as businesses introduce labor-saving technology and streamline their services.
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