Wednesday, August 27, 2014

Proposed Minimum Wage Hike in San Francisco to Benefit People of Color

San Francisco's proposed minimum wage hike would disproportionately benefit low income workers of color and would not harm economic growth. That's according to a new study by The Institute for Research on Labor and Employment at UC Berkeley. This summer, city officials, workers and the business community unveiled a ballot measure that would increase the city's wage floor to $15 per hour by 2018. The report finds the measure would increase the average annual earnings of minimum wage workers by $2800 per year. People of color would represent over 70% of those affected. The report also finds a wage increase would have minimal impact on employment and consumer prices. Nick St. Charles files this report.