The Real Value of California's New Minimum Wage


by The Heritage Foundation on May 19, 2016 | Views: 302 | Score: 0
Sources: heritage.org
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The Heritage Foundation
The Heritage Foundation on May 19, 2016 11:03 AM said:

Because the cost of living in California varies across the state, the impact of its new minimum wage will vary as well. As shown in this map, $15 per hour is less significant in areas with higher costs of living, such as Los Angeles and San Francisco. This also means that businesses in areas with lower costs of living will face greater challenges to remain profitable.