California Voters Reject $18 Minimum Wage Increase

Reported 14 days ago

California voters have turned down a proposed ballot measure to raise the state's minimum wage to $18 per hour by 2026, the highest in the nation. Opponents argued that such an increase would raise costs, lead to higher taxes, and result in job cuts. The current wage stands at $16 for most workers, with some sectors, like fast food, already at $20, while healthcare will reach $25 due to a recently enacted law.

Source: YAHOO

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