Minimum wage to increase to $15.50 in January - Talon Marks
Gov. Gavin Newsom’s administration announced that the minimum wage in the state of California will increase to $15.50 per hour beginning in January.
On May 12, Newsom proposed a $18.1 billion inflation relief package which would provide billions of dollars to assist California residents as the country faces rapidly increasing costs [in nearly everything including gasoline, food products, consumer goods and other essentials] due to inflation.
Through Newsom’s plan, billions of dollars are set to be provided to California residents for tax refunds, emergency rental assistance, past-due utility bills and hospital (and nursing home) staff during the pandemic.
Newsom’s plan also includes free public transit, health coverage for middle-class families and a diesel sales tax pause and child care fee waivers for low-income families.
Two $400 stimulus checks per car for California car owners are also in the works to be distributed in an attempt to neutralize rising gasoline prices that reached a record high earlier this year.
Additionally, the state’s minimum wage will be increased to $15.50 per hour for all workers and businesses (regardless of size) effective January 1, 2023.
Because California lawmakers voted to increase the minimum wage to $15 per hour in 2016, former Gov. Jerry Brown passed a state law requiring the minimum wage to increase to adjust to inflation – that, in most years, would increase by one dollar an hour.
The increase [in minimum wage] caused by soaring...
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