Wednesday, September 25, 2013

Claifornia to raise minimum wage to $10 an hour by 2016

(Reuters) - California has become the first state in the union to commit to raising the minimum wage to $10 per hour, with the increase to take place gradually through the start of 2016, under a bill Democratic Governor Jerry Brown signed into law on Wednesday.

The law raises minimum pay in the most populous U.S. state from its current rate of $8 per hour to $9 by July 2014, and $10 by January 2016, well above the current federal minimum wage of $7.25 an hour.

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Related - Minimum Wage (Pros & Cons, Arguments For & Against, Advantages & Disadvantages)

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