Uncertainties Shadow California $15 Minimum Wage Plan
On April 4th, the Governor of California, Jerry Brown, signed a new bill that will aim to raise the state’s minimum wage to $11 an hour by 2018. After this, it is expected that the hourly wage will be increased by $1 every year until 2022. Businesses in the state who employ less than 25 employees will be given a cushion of one extra year to abide by these new wage restrictions. Despite these plans to increase the hourly wage, there is a loophole that they can be suspended if job growth declines or retail sales struggle.
See "Uncertainties Shadow California $15 Minimum Wage Plan", Michael R. Blood and Don Thompson, Los Angeles Daily News, April 5, 2016