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Los Angeles City Council votes to raise minimum wage to $15 by 2020

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NEW YORK (CNNMoney) — The nation’s second largest city is the latest to join the movement to hike the minimum wage to $15 an hour.

The Los Angeles City Council vote on Tuesday would phase in the increase to $15 by 2020.

An earlier proposal that would have raised the minimum to $15.25 by 2019 would have benefited 40% of L.A.’s workforce, according to the National Employment Law Project.

Tuesday’s vote directs the L.A. city attorney to formally draft legislation that will then go before the same council for a vote.

Mayor Eric Garcetti has been pushing for a hike and said he looks forward to signing the bill.

“Today, help is on the way for the one million Angelenos who live in poverty,” he said.

The legislation will give small businesses with fewer than 26 employees an extra year to phase in the wage hike.

The small Washington town of SeaTac was the first municipality to institute a floor of $15 an hour, and it was followed by Seattle and San Francisco.

New York City Mayor Bill de Blasio has also come out for raising that city’s wage to $15.

The federal minimum wage is $7.25 an hour, but the Obama administration has been pushing Congress to raise it.

Big companies are also hiking what workers make.

Facebook said last week it will require its U.S. contractors and vendors to pay their employees at least $15 an hour and to offer paid time off for sick days and vacation.

Walmart also gave its lowest-paid workers a raise, pledging to give all of its employees $10 an hour by February 2016.

TJX Companies, which owns T.J. Maxx, Marshall’s and Home Goods, will hike employee wages to at least $10 an hour sometime next year as well.

4 comments

  • Indyisawesome

    Quit having your business and family be held back by the 3rd world government of Los Angeles and California.
    You deserve live a happy life and be successful on YOUR terms. You deserve a city with an outstanding business climate that allows you to be free and make more money along with enjoying greater success.
    Come move to Indianapolis and enjoy Unmatched affordability, a 60% lower cost of living, 50% lower taxes, Fiscally Responsible Government, No Illegals, Better Schools, Less Traffic and Pollution, No Red Light or Speed Camera’s, Less Crime, No major earthquakes, Lower Insurance and Gas prices (Gas in Indy is 2.60 a gallon compared to 4$ in LA), A higher standard of living, 21% of the worlds freshwater to tap into, Friendlier people and more happiness for your family :)
    Its time to tap into a better life in Indy and quit drying up in California.

  • BLVDOFBROKENDREAMS

    Liberal ideals have gone WAY to far to the left. The great social experiment of California has literally failed and people in this state don’t want to admit it. They cannot continue to provide every social entitlement program under the sun for anyone and everyone who wants them. There is a serious problem with celebs supporting the liberal failing narrative when they are comfy in their multimillion home and their disposable income. California used to be the place to go, now its Alaska with a hundred acres off the grid with a gun and a cabin.

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