Connect with us

Hi, what are you looking for?

The American GeniusThe American Genius

Business News

California becomes first state to raise minimum wage to $15

Following three and half years of one-day strikes by low wage workers and the Service Employees International Union, California Governor Jerry Brown reached an agreement with the state legislature to make California the first state to raise the pay floor to $15.

tax bill silicon

California could change history

In a historic first, California has agreed to raise its minimum wage to $15 by 2022. Despite national disagreements between $12 and $15, California, one of the most expensive states to live in, has opted for the latter.

bar
Following three and half years of one-day strikes by low wage workers and the Service Employees International Union, California Governor Jerry Brown reached an agreement with the state legislature to make California the first state to raise the pay floor to $15.

Incremental change

The increase will be achieved by hiking the minimum wage up by 50 cents in 2017 and again in 2018, then raising it by $1 every year until 2022.

The decision will impact about 6.5 million residents, or about 43 percent of the state’s workforce, who currently work for less than $15 per hour.

According to Paul Sonn of the National Employment Law Project, “this is a very, very significant increase” that would “for the first time…begin to reverse years of falling pay,” and will “create national momentum for other states.”

Said Brown, who retains the right to slow or halt pay increases in the event of an economic disaster, or to free up funds to pay government deficits, “this plan raises the minimum wage in a careful and responsible way and provides some flexibility if economic and budgetary conditions change.”

Still some fight left

The decision is part of a larger national campaign, led by labor unions and grassroots organizations like Fight for $15, to increase the federal minimum wage. Successes have come city by city and state by state. Los Angeles, San Francisco, several cities in California, and Seattle have raised the pay floor to $15.

Advertisement. Scroll to continue reading.

New York Governor Andrew Cuomo has proposed a similar pay hike for New York City in 2019, with the statewide minimum wage increasing to $15 by 2021.

Federal minimum wage remains at $7.25. Republican legislators have repeatedly blocked attempted to increase it to $10, saying the increased cost will cause companies to slash jobs or shut down completely.

Meanwhile, the Democratic Party has made a national minimum wage of $15 parts of its platform. Bernie Sanders supports it, while Hilary Clinton is satisfied with a minimum wage of $12 per hour.

#MinimumWage

Ellen Vessels, a Staff Writer at The American Genius, is respected for their wide range of work, with a focus on generational marketing and business trends. Ellen is also a performance artist when not writing, and has a passion for sustainability, social justice, and the arts.

1 Comment

1 Comment

  1. Pingback: Data on Seattle minimum wage increase: outlook not so good - The American Genius

Leave a Reply

Your email address will not be published. Required fields are marked *

Advertisement

The
American Genius
news neatly in your inbox

Subscribe to our mailing list for news sent straight to your email inbox.

Advertisement

KEEP READING!

Business News

If you're a fan of honking your car horn without direct cause, you may want to be cautious in California following their latest state...

Business News

Amazon is no stranger to antitrust violations, especially in the state of CA, now for limiting sellers and driving up prices.

Business News

(BUSINESS NEWS) Are their efforts to raise their minimum wage to $17/hour sincere, or more about saving face after bungling pandemic concerns?

Business News

(BUSINESS NEWS) independent contractors, freelancers, and remote workers are becoming more commonplace and AB5 hopes to help with their insurance and retirement.

Advertisement

The American Genius is a strong news voice in the entrepreneur and tech world, offering meaningful, concise insight into emerging technologies, the digital economy, best practices, and a shifting business culture. We refuse to publish fluff, and our readers rely on us for inspiring action. Copyright © 2005-2022, The American Genius, LLC.