SF Becomes First US City to Top $10 Minimum Wage

Monday, 12 Dec 2011 07:14 AM

 

  Comment  |
   Contact  |
  Print   |
    A   A  
  Copy Shortlink

San Francisco will make history on Jan. 1 when it becomes the first city in the nation to top $10 for the minimum wage.

It's only a 32-cent hike, from $9.92 to $10.24. But for many low-income workers it's a psychological boost that will help them ring in the new year with more money in their pocket for daily necessities.

San Franciscans passed a proposition in 2003 that requires the city to increase the minimum wage each year, using a formula tied to inflation.

Workers love it. But some employers say that when you combine a hike to minimum wage with the city's payroll tax, mandated medical care stipend and the nine days of paid sick leave, it can lead to layoffs.

© Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  Comment  |
   Contact  |
  Print   |
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Actor Booth Colman Dies at 91

Sunday, 21 Dec 2014 21:30 PM

Booth Colman, who had a long career as an actor including the role of ape scientist Dr. Zaius in the 1970s "Planet of th . . .

FSU Quarterback Jameis Winston Cleared in Campus Rape Hearing

Sunday, 21 Dec 2014 19:12 PM

Florida State University star quarterback Jameis Winston has been cleared in a student conduct code hearing looking into . . .

Satanic Temple Puts up Display at Michigan Capitol

Sunday, 21 Dec 2014 18:42 PM

Christians and Satanists put up competing displays Sunday on the Michigan Capitol grounds in Lansing as Christmas week g . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved