By Jose Cruz Roa
Sacramento, CA – Due to significant increases in inflation, it is likely that California’s minimum wage will soon increase to 15.50 dollars for all workers in the upcoming year. This increase in the minimum wage would take effect on January 1 of next year.
“The wage increase will benefit millions of California households that are struggling to keep pace with the highest rate of inflation in decades,” the California governor’s office said in a news release. “For years, the state minimum wage has increased steadily while inflation numbers remained modest.”
This announcement comes after Governor Gavin Newsom’s administration previewed an 18.1 billion dollar inflation relief package that is set to help address the costs of rising inflation such as free public transit, money for healthcare workers, middle-class subsidies, and waiving childcare fees for families.
In terms of money for healthcare workers, the relief package includes checks with as much as 1,500 dollars for hospital and nursing home workers and that number could rise to 2,000 dollars with a workplace match. In addition, about 12.7 billion dollars will be used to send as much as 800 dollars to every eligible registered vehicle owner in the state of California and the governor wants to make public transit free for three months.
Right now, the minimum wage for businesses with 26 or more employees is at least 15 dollars an hour, while those who have 25 or fewer employees have to pay at least 14...
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