California Minimum Wage Hike Will Cost 190k Jobs

WageCalifornia’s planned increase of its minimum wage to $10 an hour will cost the state 190,000 jobs, a new report from the conservative think tank American Action Forum estimates. If a $10 minimum wage were implemented in all 50 states, according to AAF’s analysis, 2.3 million new jobs would be lost across the country. California Gov. Jerry Brown signed a law raising the state’s minimum wage to $9 by next year and and to $10 by 2016. That would be the highest rate in the country. The current…

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