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Hissyspit

(45,788 posts)
Thu Mar 31, 2016, 05:42 PM Mar 2016

California Lawmakers OK Nation's Highest Minimum Wage

Source: Associated Press

California Lawmakers OK Highest Minimum Wage

Update at 5:38 PM

SACRAMENTO, Calif. (AP) - The Latest on a proposal to raise California's minimum wage to $15 an hour by 2022 (all times local):
2:35 p.m.

California lawmakers have approved the nation's highest statewide minimum wage of $15 an hour to take effect by 2022.

The legislation passed Thursday now goes to Gov. Jerry Brown, who is expected to sign it into law after previously working out the plan with labor unions.

Democrats who control both legislative chambers hailed the increase as a boon to more than 2 million of California's poorest workers and an example to the nation as it struggles with a growing gap between rich and poor.

The Assembly passed SB3 with a 48-26 vote. The Senate followed, 26-12. The increases would start with a boost from $10 to $10.50 on Jan. 1. Businesses with 25 or fewer employees would have an extra year to comply.

Read more: http://www.canadianbusiness.com/business-news/the-latest-california-lawmakers-ok-highest-minimum-wage/

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California Lawmakers OK Nation's Highest Minimum Wage (Original Post) Hissyspit Mar 2016 OP
That's a long time away. DamnYankeeInHouston Mar 2016 #1
If we assume 3% inflation - Massacure Mar 2016 #7
Again my adopted state makes me proud upaloopa Mar 2016 #2
It is a bold step in one way, and not enough in another. But when you compare it Jackie Wilson Said Mar 2016 #3
2022? OhioChick Mar 2016 #4
Highest cost of living in the US..... pipoman Mar 2016 #5
K & R MoreGOPoop Mar 2016 #6
This message was self-deleted by its author silvershadow Mar 2016 #8
Sanders is paying his interns $10.50, right in line with this new law. n/t pantsonfire Mar 2016 #9

Massacure

(7,518 posts)
7. If we assume 3% inflation -
Thu Mar 31, 2016, 07:22 PM
Mar 2016

Year Nominal Wage Inflation Adjusted Wage (2016)
2017 $10.50 $10.19
2018 $11.00 $10.36
2019 $12.00 $10.98
2020 $13.00 $11.55
2021 $14.00 $12.08
2022 $15.00 $12.56

Alternatively, if inflation is 2% the adjustment comes out to about $13.32 in 2022.

upaloopa

(11,417 posts)
2. Again my adopted state makes me proud
Thu Mar 31, 2016, 05:46 PM
Mar 2016

We are an example of a place were if you vote for Dems even though they are not perfect you get results.

The key to progress is to run Dems and vote for them!

Don't sit on your sass because everything you wish for is not on the ballot. You can always vote against the repubs!

Jackie Wilson Said

(4,176 posts)
3. It is a bold step in one way, and not enough in another. But when you compare it
Thu Mar 31, 2016, 05:51 PM
Mar 2016

to what most states are doing or not doing, it is great!

The insane gap between what working people make and what executives and some professionals make must be closed to some degree and now otherwise we will fail as a society.

 

pipoman

(16,038 posts)
5. Highest cost of living in the US.....
Thu Mar 31, 2016, 05:57 PM
Mar 2016

Probably the higheat per capita income too...if $10 is good in California (it isn't), my state should be at $5 (it shouldn't)...hard to get excited about..

Response to Hissyspit (Original post)

 

pantsonfire

(1,306 posts)
9. Sanders is paying his interns $10.50, right in line with this new law. n/t
Thu Mar 31, 2016, 09:37 PM
Mar 2016

Actually he's ahead of the increase. He's also the only democratic candidate that pays his interns.

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