4min chapter

Odd Lots cover image

What a Bakery Can Tell Us About the Economy Right Now

Odd Lots

CHAPTER

We're at 50% Labor, but in Round Numbers, It's 50%

Cost of labor has definitely increased. We're in Illinois, Chicago went to a $15 minimum wage two years ago and maybe three at this point. Eggs have gone up between 280 to 540%, depending on what type of eggs you buy. Sugar has gone up like 40%. Butter has gone up. Everything has just gone up. And then in addition to that, you mentioned supply chain issues, it's huge.

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