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The next time you go to buy your burrito from Chipotle be prepared to pay a little bit more. They will be raising their prices 3.5% - 4% to cover the cost of higher pay wages.
In a statement from Chipotle's Chief Financial officer he said "You take about a 4% price increase to cover the dollar cost of the extra labor,"
The company will be raising their rate to $15 an hour. Now if you want to get paid that guess what you're in luck, because the company plans on hiring 20,000 new workers this summer.