Walmart Closes LA Store Over $15 Minimum Wage

From Breitbart California:

Los Angeles residents of impoverished Chinatown were shocked to learn on January 17 that the Walmart they pleaded for years to get would be shut down at 7 p.m. Sunday evening due to the city’s new $15 minimum wage ordinance, and union harassment.

Immigrant Hispanic and Asian residents of central Los Angeles campaigned for years for a “big box” retailer to locate in their economically depressed neighborhood to compete against liquor stores that sold a limited number of food items at very high prices. In September 2013, Walmart finally opened a 33,000-square-foot grocery and drug store in the Chinatown area.

Crowds flocked to the store for lower food costs, substantially cheaper pharmaceuticals, and even ethnic offerings. But labor leaders immediately started protesting against the store for refusing to unionize, even though 100 Walmart employees refused to sign union cards.

So how does this higher minimum wage create new jobs?