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Wednesday, May 20, 2015

Los Angeles becomes largest US city to increase minimum wage to $15 an hour

Los Angeles became the largest US city to raise its minimum wage to $15 an hour on Tuesday, as a wage increase bill passed the city council by a vote of 14-1.

It is now up to city attorney Mike Feuer to draft an ordinance to implement the new minimum wage requirements.

The ordinance will then return to the council for a final vote before becoming law

Under the proposed legislation, the city’s minimum wage would increase to $10.50 in July 2016, and would increase incrementally every year until it reaches $15 in July 2020.

For small businesses with 25 or fewer employees, the wage hike would come on a modified schedule with the incremental increases starting in July 2017 and the minimum wage reaching $15 by July 2021.

The current minimum wage in California is $9 an hour and is set to increase to $10 in January 2016.

In June 2014, Seattle moved to increase its minimum wage to $15 by 2017 and in Nov 2014 San Francisco voted to increase its minimum wage to $15 by 2018

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