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Los Angeles raises minimum wage to $15

/ 09:54 AM May 20, 2015

LOS ANGELES — The city of Los Angeles voted Tuesday to increase minimum wage from $9 to $15 an hour in a move that is expected to boost quality of life for hundreds of thousands of its residents.

Officials will begin increasing minimum wage gradually beginning July 2016, with the wage reaching $15 by 2020, under the measure adopted 14-1 by the City Council.

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The $15 wage goes into effect in 2020 for businesses that employ 26 or more people and in 2021 for those employing fewer. Several exceptions apply, including for employees under the age of 18 and those working for non-profit groups.

The wage hike will be “giving a raise to 700,000 people who are living at the bottom who earn the lowest possible salary,” said Councilman Paul Krekorian.

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The vote came after eight months of intense debate and three studies carried out as to the move’s possible economic impact.

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TAGS: Economy, Los Angeles, minimum wage, United States
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