Monday, March 28, 2016

California legislators are considering increasing the State's minimum wage to $10.50 an hour next year and then...

California legislators are considering increasing the State's minimum wage to $10.50 an hour next year and then gradually to $15.00 an hour by 2022.  For urban areas this will allow minimum wage earners to cover basic expenses. What is interesting about this statewide initiative is that there are rural parts of California where this wage would clearly be above market and harm local employment opportunities.  
http://www.latimes.com/local/lanow/la-me-ln-california-s-15-minimum-wage-gamble-brings-risks-and-potential-rewards-20160328-story.html

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