The minimum wage will rise 70 cents to $6.55 per hour from $5.85 per hour beginning July 24. Restaurants now face higher labor expenses in addition to commodity costs skyrocketing. Many chains have offset higher costs by boosting menu prices.

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This entry was posted on Friday, June 13th, 2008 at 9:04 am and is filed under restaurants. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.