California governor Gavin Newsom announced that the state’s minimum wage will rise to $17.40 next year, a ay floor set to become the highest of any US state.
The pay bump will go into effect starting 1 January, Newsom announced on Friday. The state’s current minimum rate is $16.90. In a news release, Newsom touted the move as a salve for working families amid high living costs and took a jab at the Trump administration.
“For years, Donald Trump and Republicans have blocked efforts to raise the federal minimum wage while handing tax breaks to billionaires and big corporations,” Newsom said.
42 Comments
bloogoose@lemmy.zip · 80 pts · 13d
NehpetsDoom@lemmy.zip · 21 pts · 13d
If it were all at once the crying and resistance would be crazy. At least these small increases help with inflation
edible_funk@lemmy.world · 10 pts · 12d
Price controls and regulation would help with inflation due to minimum wage increase too. There's plenty of data showing prices do not appreciably rise with wages.
BadmanDan@lemmy.world · -3 pts · 12d
No price controls.
FishFace@piefed.social · 2 pts · 12d
It would also make it more difficult to make multiple increments. The minimum wage can't stay static so that would be pretty bad.
crystalmerchant@lemmy.world · 58 pts · 13d
Tie it to inflation motherfucker, stop claiming this as some kind of huge win
Stern@lemmy.world · 31 pts · 13d
Oregon does this. At 16.80 in their metro areas atm. Different levels the further outside the bigger cities too.
https://www.oregon.gov/boli/workers/pages/minimum-wage.aspx
The_v@lemmy.world · 12 pts · 13d
Not just inflation - Lock it to purchasing power.
Folstar@lemmus.org · 3 pts · 12d
How is inflation calculated?
The_v@lemmy.world · 3 pts · 12d
Inflation is supposed to be a calculation in changes of relative currency value. The way that it is calculated depends on the government and the day.
Generally they create an index of goods that they track. Changing what goods to track is the easiest way to manipulate the results... and boy do they ever manipulate the shit out of the results. What you choose to put into the index and what you exclude greatly influences the results. Common things that are left out of indexes include rent/mortgage amount, taxes, utilities, medical cost, education cost etc. small things that account for more than 75% of people's income....
Pruchasing power calculates how much goods a person's wage can purchase after all their "basic necessities are out". . It includes all the costs that the good price indexes leave out.
ChristerMLB@piefed.social · 3 pts · 12d
Or just GDP - but honestly, the focus should be on getting a proper system of unions up and going
BadmanDan@lemmy.world · -7 pts · 12d
Dude fuck unions.
ChristerMLB@piefed.social · 2 pts · 11d
to each his kink, I guess
NateNate60@lemmy.world · 9 pts · 13d
It's okay to be aggressive, and it's also okay to be wrong. But one must not be both aggressive and wrong.
California's minimum wage is tied to the Consumer Price Index. It increases every year according to inflation.
Edit: To be more specific, it is indexed to CPI-W.
Viking_Hippie@lemmy.dbzer0.com · 11 pts · 12d
The core CPI that most politicians and media use or the All Items CPI?
Because the former excludes food and energy costs, making it all but worthless for measuring the ACTUAL cost of living.
NateNate60@lemmy.world · 1 pts · 12d
The CPI-W used for wage increases includes food and energy. It includes all household spending weighted by the amount spent in that category.
Edit: comment made to be less aggressive
edible_funk@lemmy.world · 3 pts · 12d
Core CPI disregards food and energy prices. It's right here: https://www.economicsonline.co.uk/definitions/core-cpi-vs-cpi.html/
NateNate60@lemmy.world · 6 pts · 12d
The California minimum wage is not indexed to core CPI. It's indexed to CPI-W which does include food and energy.
Just to provide a number, in the 2017 update to CPI-W weights, energy was given a weight of 7.85 in the updated index, indicating that the BLS thinks the average urban worker spends 7.85% of their money on energy. Or about $196 a month if you make $2,500 a month. It may be higher now these past couple months due to recent geopolitical events, but it is within the right ballpark.
Edit: https://www.bls.gov/cpi/tables/relative-importance/
Folstar@lemmus.org · 2 pts · 12d
There are many variations of CPI. Perhaps spend less time typing angry comments, and more time learning the basics on issues before commenting.
NateNate60@lemmy.world · -1 pts · 12d
Correct, and the type of CPI used to index California's minimum wage is CPI-W, which includes fuel and food weighted according to the portion of income that urban workers typically spend on them. So yes, I do encourage one to spend more time learning the basics on issues before making irrelevant notations.
Folstar@lemmus.org · 2 pts · 12d
I like the way you completely rewrote (not merely made less aggressive) the comment I replied to so that this seems like a reasonable response.
NateNate60@lemmy.world · 2 pts · 12d
God forbid a person remove unjustified remarks to correct past errors
Flames5123@sh.itjust.works · 5 pts · 11d
Seattle does this and ties it to the CPI-W. It’s currently $21.30, which isn’t the highest in the country due to surrounding cities in the same Seattle metro area having slightly more, like $21.65 in Tukwila, $21.63 in Burien, and $21.50 in Renton. Every Seattle metro area city and even unincorporated King County (6309 sqmi for all of the metro area with 4.16 million residents) all have their own city/county laws to tie it to CPI-W.
I don’t see why everyone doesn’t do this.
Tango@piefed.ca · 2 pts · 11d
Tie it to politician's salaries. Every time politicians vote to increase their own pay, minimum wage goes up by the same percentage.
warbond@lemmy.world · 15 pts · 13d
I sure do wish these media outlets would stop jerking off Gavin Newsom. He's only comparatively progressive.
BadmanDan@lemmy.world · -1 pts · 12d
How are they jacking him off? By reporting this? Feel threatened?
warbond@lemmy.world · 1 pts · 12d
Well, no, it's not that he's being reported on, I just don't like how he's positioning himself as a sewer socialism progressive while being anything but. The media is broadly complicit in that framing and I fear he'll be the next milquetoast DNC safety pick for president regardless of the generally shifted demographics preference away from that.
mandurrz@lemmy.world · 13 pts · 12d
I'm not anti this by any means, we need better for the general people. But this at the time he continues to fuck with and freeze state workers is a bit frustrating.
Awooooooga@lemmy.world · 9 pts · 12d
Can California block tax transfer payments to the feds? That'd be way cooler than a childish tweet.
BadmanDan@lemmy.world · -4 pts · 12d
How about you get a job?
Awooooooga@lemmy.world · 2 pts · 12d
I have a job nerd
xSikes@feddit.online · 9 pts · 12d
That’s not even an increase minimum living wage if it’s killing you.
TransNeko@lemmy.world · 2 pts · 12d
the real taunt would be increasing the proposed minimum wage increase by one penny each time Trump signs an executive order (retroactively too).
Lucidlethargy@sh.itjust.works · 1 pts · 12d
This clown.
The unemployment wage hasn't changed since 2005.
BadmanDan@lemmy.world · 1 pts · 12d
Unemployment wage?
BadmanDan@lemmy.world · -2 pts · 12d
Commies bitching in the comments about Noosem not doing enough, when literally no other state has a higher wage than this.
If this was Mamdani, you guys would be chanting “REVOLUTIONARY” 😂
But once again. Ignore any progress if it’s not from your favorite sports player-I mean politician
UltraGiGaGigantic@lemmy.ml · 1 pts · 11d
You mad bro?
anticurrent@sh.itjust.works · -27 pts · 11d
inflation is caused by free money. This as much as it is welcome for the people impacted by crazy costs of life, will only keep ramping up inflation.
They need to stop giving free money and make everyone compete. if you have any savings turn them to gold, the dollar will only continue to crumble
traxex@lemmy.dbzer0.com · 11 pts · 11d
So paying people a living wage is "free money" but what about the millions in subsidies we hand out to companies? The same subsidies they have no intention of putting towards their people and instead use it all for stock buybacks? It seems extremely insane to be upset by this when the larger problem is staring us in the face.
anticurrent@sh.itjust.works · -16 pts · 11d
Why do you people insist on mischaracterizing what other people say?
In economics, Free money refers to money borrowed at low interest rates. and I made it even more clear when I talked about the need for more competition and the depreciation of the dollar. There is already too much money in circulation and borrowing at low interest rates gives room to corporations and the wealthy to ramp up prices, buy up more property and and make the lower class compete for limited products, instead of corporation competing to earn their customers dollars.
If the question of free money isn't resolved than inflation will always outpace wages to a point where it might feel like going back to the feudal times.
traxex@lemmy.dbzer0.com · 11 pts · 11d
If people are always mischaracterizing what you say, maybe take a step back and reevaluate what you are saying.
immutable@lemmy.zip · 5 pts · 11d
Boy it would sure be embarrassing if this stupid talking point was readily disputed by easily accessible, rigorous, peer reviewed studies based in actual facts