Los Angeles Mayor Eric Garcetti announced on Thursday that Los Angeles’ minimum wage will go up from $15 an hour to $16.04 an hour beginning July 1st.
Minimum wage rose dramatically in California and Los Angeles beginning in the mid-2010’s due to rising costs of housing and other costs associated with inflation and higher than national average prices within the state. For California, the SB 3 law passed in 2016 installed a yearly minimum wage increase of $1 an hour. The $10 minimum wage at the start of 2016 grew to $15 an hour for all businesses with 25 employees or more at the beginning of this year, with the final bump, $15 an hour for businesses with 24 or fewer employees, to be instilled next year.
Meanwhile, Los Angeles roughly kept slightly above pace during this time. In 2015, a wage hike ordinance championed by Mayor Garcetti pushed LA’s minimum wage from $9 an hour in 2015 to $15 in 2020. Other cities in California, such as Mountain View and Emeryville, also moved minimum wages in recent years to above $17 an hour, with San Francisco going up to $16.32 an hour. Seattle has the highest minimum wage in the country at $17.27 an hour.
Due to LA’s municipal code stating that wages are to improve annually, along with the ordinance basing all minimum wage jumps on the Consumer Price Index for Urban Wage Earners and Clerical Workers in the LA area, the new wage increase for 2022 was calculated to go up by $1.04 an hour.
“We fought to raise the minimum wage because hard...
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