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Andrew Puzder on Jobs

 

 


Minimum wage hike will accelerate automation of jobs

As fast food employees push to increase the minimum wage, the former CEO of one chain warns that could be counterproductive. That is because the robots are not only coming, they're already here. Big corporations in key industries have begun replacing humans with automation in a way that negates the need to pay bigger salaries, or even improve work conditions. "The problem at the retail level is when you increase the cost of labor it accelerates the implementation of automation," said Puzder.
Source: CNBC on Trump Cabinet , May 20, 2019

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