Cal­i­for­nia to Raise Min. Wage to $15?

Trillions - - From The Publisher -

Cal­i­for­nia’s busi­ness-friendly Gov­er­nor, Jerry Brown, an­nounced a ne­go­ti­ated deal to fi­nally raise Cal­i­for­nia’s min­i­mum wage to $15/hour, but only by 2023. By do­ing so now he can keep the is­sue off the bal­lot.

If ap­proved, the statewide min­i­mum wage would in­crease from $10 an hour to $10.50 on Jan. 1, 2017, with a 50-cent in­crease in 2018 and then $1 a year in­creases through 2022.

Busi­nesses with less than 25 work­ers would get an ex­tra year to com­ply and would not have to hit the $15 level till 2023.

The Cal­i­for­nia Leg­is­la­ture could vote on the wage hike in early April by amend­ing an ex­ist­ing bill on hold since 2015.

Santa Mon­ica joined other cities ear­lier this year in rais­ing its min­i­mum wage to $15.37 per hour by 2017.

New York­ers are also de­mand­ing an in­crease in the state’s minu­mum wage and Gov­er­nor Cuomo has pro­posed a phased in ap­proach to reach­ing $15/ hour by 2021.

In the U.S., wages have not kept pace with the cost of liv­ing and low wages have driven greater num­bers of Amer­i­cans into poverty and de­pressed the na­tional econ­omy.

Newspapers in English

Newspapers from USA

© PressReader. All rights reserved.