"A new study from the Employment Policies Institute found that a $15 minimum wage in California could trigger the loss of more than 400,000 private-sector jobs, decimating California’s workforce. Even that estimate, the study warned, is conservative.” Starting in 2018, tipped employees must be paid a minimum of $7.25 an hour. The federal wage for tipped employees is currently at $2.13 an hour with the employer making up the difference to $7.25.
In this new study, Dr. David Macpherson of Trinity University and Dr. William Even of Miami University measure the empirical effects of minimum wage increases in California from 1990 to the present, and estimate the impact of California’s current minimum wage law.
Read the article...
2018 minimum Wage by State
If anything can be done totally WRONG,it will be done wrong first in California!
ReplyDelete