Back in 2012, when he was president of the American Economic Association, he even dedicated part of his big presidential address to the company. A new study by economists Orley Ashenfelter and Štěpán Jurajda suggests McDonald's is also kind of the perfect place to test the effects of the minimum wage increases that workers have been fighting for.Īshenfelter is an economist at Princeton University, and he has spent a couple of decades studying McDonald's. As such, it was kind of the perfect place to launch what was, in retrospect, the beginning of a historic labor movement. McDonald's is one of the nation's biggest employers of low-wage workers. And now, the federal government, led by President Biden and a Democratic-controlled Congress, has begun to consider making the $15 minimum wage national. ![]() Since then, cities and states around the U.S. ![]() ![]() Their demonstration kicked off a massive wave of protests for a $15 minimum wage. 29, 2012, dozens of fast-food workers assembled at a McDonald's in Midtown Manhattan to demand better pay.
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