A study conducted by the Employment Policies Institute states that a hike to a $15/hr minimum wage will cost California 400,000 private sector jobs. Workers in two industries in particular are purportedly the most vulnerable.
On January 1, California’s minimum wage will increase to $11 per hour, up from the current level of $10.50 per hour for businesses with 26 employees or more. After 2018, the Golden State will increase the minimum wage by $1 every year until 2022, when it will reach $15 per hour.
A new study , conducted by EPI, a fiscally conservative group, analyzed employment trends from […]
Full Post at www.rt.com