Guest
01-11-2016, 12:05 PM
Democratic governor, Jerry Brown, has cautioned against raising California’s minimum wage to $15.00/hour, telling reporters:
“Raise the minimum wage too much and you put a lot of poor people out of work. There won’t be a lot of jobs. It’s a matter of balance.”
Many cities that implemented a minimum wage hike to $10 or more in recent months have experienced an unexpected consequence as a result: a severe lack of available service industry jobs.
Investor’s Business Daily reported last week that job gains at restaurants, hotels and other leisure and hospitality venues have fallen to multiyear lows in cities that passed wage hikes, which include:
Chicago;
Oakland;
San Francisco;
Seattle;
Los Angeles; and
Washington, D.C.
“Raise the minimum wage too much and you put a lot of poor people out of work. There won’t be a lot of jobs. It’s a matter of balance.”
Many cities that implemented a minimum wage hike to $10 or more in recent months have experienced an unexpected consequence as a result: a severe lack of available service industry jobs.
Investor’s Business Daily reported last week that job gains at restaurants, hotels and other leisure and hospitality venues have fallen to multiyear lows in cities that passed wage hikes, which include:
Chicago;
Oakland;
San Francisco;
Seattle;
Los Angeles; and
Washington, D.C.