• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
LeadershipMinimum Wage

$15 minimum wage may increase fast food prices and New York City residents are ok with that

Claire Zillman
By
Claire Zillman
Claire Zillman
Editor, Leadership
Down Arrow Button Icon
Claire Zillman
By
Claire Zillman
Claire Zillman
Editor, Leadership
Down Arrow Button Icon
August 6, 2015, 3:19 PM ET
US-LABOR-WAGE-FAST-FOOD
Fast-food workers hold placards in support to an increase of the fastfood workers minimun wage in New York, May 15, 2014. Fast-food workers around the world staged a global protest actions to demand an increase of their minimum wage to 15 USD an hour. AFP PHOTO/Emmanuel Dunand (Photo credit should read EMMANUEL DUNAND/AFP/Getty Images)Photo: EMMANUEL DUNAND AFP/Getty Images

When New York State’s wage board approved a $15 per hour minimum wage for fast food workers last month, there was worry that the increase would spike consumer prices. A study released last week estimated that a higher wage would indeed result in a 4.3% increase in fast food prices, and on Thursday a new poll showed that a majority of voters in New York City are A-okay with paying more.

A Quinnipiac University poll found that 73% of voters in New York City support raising the minimum wage for fast food workers earning $15 per hour. Fifty-three percent of Republican respondents oppose the wage and residents on Staten Island are divided 48-47% on the issue, but every other party, gender, age, racial, or borough group supports the wage by wide margins.

A majority of New York City voters—57%—say they would be in favor of paying more for fast food so that workers could earn more. Interestingly enough, the same poll found only 33% of New York City voters consider the quality of life in the city “very good” or “good,” which is the lowest number ever recorded by Quinnipiac.

While the poll revealed support for the $15 minimum wage in New York City, it didn’t measure sentiment throughout the rest of the state. That’s worth noting because the $15 minimum wage applies to all fast food workers in the state (so long as they work for a chain with at least 30 locations), and as research earlier this week revealed, a $15 per hour wage that covers multiple metropolitan areas is not felt equally.

About the Author
Claire Zillman
By Claire ZillmanEditor, Leadership
LinkedIn iconTwitter icon

Claire Zillman is a senior editor at Fortune, overseeing leadership stories. 

See full bioRight Arrow Button Icon

Latest in Leadership

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Leadership

Young teacher in classroom
SuccessGen Z
Echoing the Great Recession, Gen Z graduates are pouring into education, with Teach For America reporting a 43% surge
By Emma BurleighJanuary 12, 2026
6 hours ago
Future of WorkJobs
Acquisition.com CEO says leaders ‘have it backwards’ when it comes to hiring: She says she hires for emotional intelligence over technical skills
By Jacqueline MunisJanuary 12, 2026
6 hours ago
Sergey Brin
SuccessEducation
Google’s Sergey Brin admits he’s hiring ‘tons’ of workers without degrees: ‘They just figure things out on their own in some weird corner’
By Preston ForeJanuary 12, 2026
6 hours ago
Photo of Jeff Bezos
SuccessJeff Bezos
Jeff Bezos tells Gen Z entrepreneurs to gain work experience before launching new companies: ‘I started Amazon when I was 30’
By Sydney LakeJanuary 12, 2026
9 hours ago
C-SuiteNext to Lead
How luxury homebuilding giant Toll Brothers took the drama out of CEO succession
By Ruth UmohJanuary 12, 2026
9 hours ago
Women sits at a desk looking at her laptop.
NewslettersFortune CHRO
Employees are using ‘2025 tools inside 2015 job structures,’ a new Workday study says
By Kristin StollerJanuary 12, 2026
10 hours ago

Most Popular

placeholder alt text
Economy
‘Sell America’: Investors dump U.S. assets in fear of the end of Fed independence
By Jim EdwardsJanuary 12, 2026
12 hours ago
placeholder alt text
AI
This CEO laid off nearly 80% of his staff because they refused to adopt AI fast enough. 2 years later, he says he'd do it again
By Nick LichtenbergJanuary 11, 2026
1 day ago
placeholder alt text
Economy
A Supreme Court ruling that strikes down Trump's tariffs would be the fastest way to revive the stalling job market, top economist says
By Jason MaJanuary 11, 2026
1 day ago
placeholder alt text
Economy
Trump may be raising your taxes with his tariffs but he could actually cut inflation with them, too, SF Fed says
By Jake AngeloJanuary 6, 2026
6 days ago
placeholder alt text
Success
An exec at $62 billion giant Colgate says Gen Z workers, despite getting flak for being woke and lazy, are actually ‘pushing us to get better’
By Emma BurleighJanuary 10, 2026
3 days ago
placeholder alt text
Economy
Treasury spent $276 billion in interest on the national debt in the final three months of 2025, says the CBO—up $30 billion from a year prior
By Eleanor PringleJanuary 12, 2026
11 hours ago

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.