LA City Council Sets Minimum Wage to $15/hour
on May 20, 2015
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Los Angeles now joins two other bastions of progressive political activism in setting the new minimum wage level to $15/hour.
Los Angeles became the largest US city to raise its minimum wage to $15 an hour on Tuesday, as a wage increase bill passed the city council by a vote of 14-1. It is now up to city attorney Mike Feuer to draft an ordinance to implement the new minimum wage requirements. The ordinance will then return to the council for a final vote before becoming law. Under the proposed legislation, the city’s minimum wage would increase to $10.50 in July 2016, and would increase incrementally every year until it reaches $15 in July 2020. For small businesses with 25 or fewer employees, the wage hike would come on a modified schedule with the incremental increases starting in July 2017 and the minimum wage reaching $15 by July 2021. The current minimum wage in California is $9 an hour and is set to increase to $10 in January 2016. In the past year, two other US cities have approved similar wage increase measures. In June 2014, Seattle moved to increase its minimum wage to $15 by 2017. Last November, San Francisco voted to increase its minimum wage to $15 by 2018.It will be interesting to see the economic fallout from this decision. As many aspiring actors and actresses work fast food jobs and hold entry-level service positions to survive while catching their big break, I would anticipate that Hollywood will be feeling the pinch in a much more limited pool of talent. And that is likely to be only one of many unintended consequences of this vote.







