" Opinion: The $15 minimum wage was supposed to hurt New York City restaurants — but both revenue and employment are up "
And the article is rather positive about this change: " Some in the restaurant industry have argued that raising menu prices will lead to fewer people dining out and, consequentially, more restaurant closures.
But this hasn’t happened.
In fact, both restaurant revenue and employment are up. The reason for this is that restaurants don’t have to raise prices very much to pay for a minimum-wage increase."
I am inclined to believe MarketWatch to be honest.
@matrix We need to increase minimum wage to $20, to adjust for the rising prices.