Minimum Wage 2024 California Impact. Currently, the base wage is $15.50 per hour, and starting jan. In 2023, the minimum wage is.
California’s new $20 minimum wage could leave the state with higher unemployment for years to come, economist says. The increase is triggered by a 2016 law that tied minimum wage increases to inflation.
The General State Minimum Wage For All Employers Has Increased From $15.50 To $16.00 Per Hour.
1, 2024, workers will receive even more.
In California, This Rate Is Set To Rise To $16.00.
That law included inflation adjustments, which is why the minimum wage is higher today.
The Increase Is Triggered By A 2016 Law That Tied Minimum Wage Increases To Inflation.
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However, As The Increase Is Lower Than Seven Percent, The Minimum Wage Will Only Rise By 3.5%.
Minimum wage increases effective january 1, 2024.
That Law Included Inflation Adjustments, Which Is Why The Minimum Wage Is Higher Today.
From january 1, 2024, the minimum wage for all employers will be.
In California, This Rate Is Set To Rise To $16.00.