Raising The Minimum Wage For Dummies:
Headline: California's $15/hour wage could help workers, cost jobs
SACRAMENTO, Calif. (AP) — A political deal to raise California's minimum wage to a nation-leading $15 an hour could help some workers cope with the state's crushing cost of living but also deprive other low-wage earners of jobs altogether, economists said Monday as Gov. Jerry Brown and other leaders touted what would be a landmark agreement.
California's economy is larger than that of most countries, with a wide diversity of earners. While newly minted millionaires gentrify neighborhoods in the San Francisco Bay Area, some Central Valley field hands lack access to clean water. A jump from the current $10 an hour spread over six years would affect millions.
Rafael Gutierrez, a 53-year-old farmworker, said the increase would let him treat his family to weekend dinners out and a short vacation to Disneyland from his home in Fresno County.
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