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California enacts highest statewide minimum wage in US
Whether this advice reflects a willful effort to undermine business support for raising the minimum wage is uncertain, but it raises questions about where the opposition to wage increases really comes from and challenges the idea that businesses and workers are at odds with each other on the issue. A slightly longer phase in period, running to December 2019, is provided for New York City employers with 10 or fewer employees and for Westchester, Nassau, and Suffolk counties.
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The state of California has chose to raise the minimum wage to $15 per hour by 2022, while White House hopeful Hillary Clinton and her rival Bernie Sanders stressed they would increase the federal minimum wage. Some individual businesses such as Walmart, Gap and Ikea have boosted workers’ minimum hourly wage.Martinez Fischer has claimed that 2.4 million Texans would get a pay raise if the state bumped up its hourly minimum wage to $10.10. It might be in the best interest of the statewide economic climate to wait for the economy to digest the current wage increases and adjust accordingly before making decisions about future spikes in the wage.
As an owner of a small business doing custom manufacturing, the thought of a $15 minimum wage is scary, and might lead to closure of our shop. “As Governor, I will work make a higher minimum wage a reality”. “We have a fundamental responsibility to make sure when we go back to our respective districts, we say we advocated and fought for the most vulnerable population in our community”. California enacted legislation to implement the nation’s highest statewide minimum wage on Monday. He predicts many businesses will have to cut staff or close because of the minimum wage increase. Nevada should view the Golden State’s move as the blueprint for what not to do when looking to maintain and, more importantly, expand employment and business opportunities for its residents. First, about four dozen metropolitan areas cover parts of two or more states; they were allocated to the state where a majority of the metro area’s population lives. And those businesses that are forced to raises their prices will end up selling less.
The Central Valley politician said small business owners that will have to pay the increasing floor wage should have been thought of more when the bill came together.
I am referring to dramatic increases in the minimum wage.
For businesses in the rest of the state, where both wages and the cost of living are much lower, there is no plan to increase the minimum wage to $15/hr.
Repeats call to move to $12.50 minimum wage immediately with increases to $15. “Income inequality is rampant in this country and MA is one of the significantly unequal between the top earners and the lowest, and Boston is one of the leading cities of the country with such a large economy. Spare me this rhetoric that you care about workers when you’ve sat by idly over 40 years as work has become more and more and more devalued”.
California Chamber of Commerce President Allen Zaremberg said SB 3 is too much, too fast.
“With extremely high liability, fuel, workers’ (compensation) and additional payroll taxes that we will incur with this wage increase, you can see our concerns”, he said.
Kamy Akhavan, President of ProCon.org, said: “The minimum wage debate has been an ongoing battle since the 1920s. At the same time we are prioritizing infrastructure and transportation to not only restore what is, but also imagine and realize what can be”, Cuomo said.
“Ultimately, this will mean higher costs and fewer jobs for everyone”, he predicted.
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So, as with most government programs, there will definitely be winners and losers as more and more minimum wage increases go into effect.