Labor is about 25-35% of cost.

Here is the mistake people make. If labor goes up by 5 dollars per hour. It doesn’t mean a cheeseburger will go up by 5 dollars.

They’ll have to recalculate prices based on volume, etc.

People would always say double labor cost would double the end product. It shouldn’t.

It’s why I support fair wages. Things should cost what they cost. People should be able to survive on a job.

Now I wish wages were more regional. For rural California, 25 may not be bad. In San Francisco, this isn’t liveable.