COVID-19 pandemic – California Globe

Shocking 16,000 Jobs Lost Due to California’s $20 Fast Food Wage Hike

March 8, 2025 9:19 amMarch 10, 2025 7:43 am

By the time California Governor Gavin Newsom signed into law the $20 minimum wage for fast food workers, he had been warned by many that it would be devastating for the industry, but he did it anyway. Now, 16,000 fast...

SEIU Researchers Admit $20 Wage Law Caused Fast Food Job Losses

February 26, 2025 7:16 amFebruary 26, 2025 9:15 pm

Last week the Globe reported on a new study by the Berkeley Research Group admitting that California’s $20 minimum wage for fast food workers has led to job losses, higher food prices, and increased automation in the industry. The BRG study...

California’s $20 Fast-Food Minimum Wage: Job Losses, Higher Food Prices, Increased Automation

February 19, 2025 11:46 amFebruary 19, 2025 11:53 am

A new study released today by the Berkeley Research Group proves that California’s $20 minimum wage for fast food workers has led to job losses, higher food prices, and increased automation in the industry. The BRG study found, “California’s fast-food restaurants...

Sen. Rand Paul’s Annual ‘Festivus’ Report: a Whopping $1,008,313,329,626.12 of Government Waste

December 25, 2024 2:30 amDecember 26, 2024 7:41 am

U.S. Sen. Rand Paul just released his annual “Festivus Report” of wasteful government spending. The 2024 listing does not disappoint – until you remember that all of us are paying for this abuse of taxpayers’ funds by electing the congressional...

San Francisco Office Vacancy Rates ‘Marginally Improves’ First Time in Five Years

December 17, 2024 4:16 pmDecember 17, 2024 4:16 pm

According to new preliminary data from real estate services company JLL, San Francisco saw their first drop in office vacancy since 2019 in Q4 2024, marginally improving from 34.5% last quarter to 34.3%. Before the COVID-19 pandemic, San Francisco had a...

San Francisco Fed President Urges Companies to Get Employees Back In Offices

July 9, 2024 2:30 amJuly 9, 2024 2:31 am

According to a new report by real estate firm CBRE, San Francisco’s office-vacancy rate rose to a new record high of 37% in the second quarter of 2024. This sparked San Francisco Fed President Mary Daly to say that companies...

San Francisco Office Prices Have Fallen From $90/Sq. Foot To $62/Sq. Foot In Only 4 Years

May 23, 2024 12:19 pmMay 23, 2024 12:19 pm

A new report by real estate agency Cushman & Wakefield released this week found that the average office rent price in San Francisco has plummeted from $90/square foot in 2020 to $62/square foot today, marking a huge collapse not seen...