A Mexican restaurant in San Diego, California has recently announced its permanent closure, adding to the growing list of businesses in the state that have faced challenges since the minimum wage was increased to $20. This wage hike has also impacted major chains like McDonald's, Subway, and Burger King, leading to the closure of several locations and financial struggles for many businesses.
The sudden and significant 25% increase in the minimum wage has put a strain on the bottom lines of restaurants, resulting in job losses for thousands of fast food workers. As a result, many establishments have been forced to raise their prices in order to stay afloat financially.
