March 22nd, 2015 at 12:41 AM
I can say from experience, that when the minimum wage jumped to $5.85, the restaurant I worked at 'fired' everyone. Started paying everyone under the table at $5/hour. Despite losing $0.15/hour, we still made out better because it was untaxed. When the restaurant was finally forced to pay the minimum wage, they didn't last 3 months, and went under. Overall, about a dozen people lost their jobs when it happened. It's amazing how much that $0.70/hour made in wages to the bottom line of the business. That is only one place too, think about across the country.
