After Huge Minimum Wage Hike, What California’s Economic Future Could Look Like
California Gov. Jerry Brown announced a plan today to raise the minimum wage to $15 an hour by 2022.
By Heritage Foundation Melissa Quinn—— Bio and Archives--March 29, 2016
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California lawmakers and labor leaders are cheering a new deal that, if passed, raises the state’s minimum wage to $15 an hour, making the Golden State the first in the country to do so.
But labor experts are already warning that such a wage hike could lead to higher prices for consumers, more automation, and a drop in employment.
According to media reports, lawmakers and labor unions reached a deal this weekend raising the statewide minimum wage to $15 an hour by 2022. Gov. Jerry Brown, a Democrat, formally announced the proposal Monday.
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