The truth about Minimum Wage

“Common Sense” – aka knowledge held by the common man fails in this argument. The LA City Council studied 3 peer reviewed studies before increasing minimum wage. I don’t know what they read – but here is some of what I found.   Neoclassical economic theories present a clear prediction: as the price of labor […]

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Living Wage Calculation for Los Angeles County, California

Living Wage Calculation for Los Angeles County, California The living wage shown is the hourly rate that an individual must earn to support their family, if they are the sole provider and are working full-time (2080 hours per year). All values are per adult in a family unless otherwise noted. The state minimum wage is the same for all […]

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