Labor & Economic News Blog

Friday, June 13, 2014

The Impact of Oakland’s Proposed City Minimum Wage Law: A Prospective Study


A joint report from the Institute for Research on Labor and Employment and the Center on Wage and Employment Dynamics University of California, Berkeley

The Impact of Oakland’s Proposed City Minimum Wage Law: A Prospective Study
June 2014, by Michael Reich, Ken Jacobs, Annette Bernhardt and Ian Perry

» Report
» Press release

The Lift Up Oakland Coalition, an alliance of community, labor, small business and faith organizations, has placed an initiative on the Oakland November 2014 ballot that would establish a minimum wage of $12.25 for businesses in the city starting March 1, 2015. This study examines the effects of a $12.25 minimum wage on Oakland workers and businesses.

Drawing on a variety of government data sources, we estimate that more than a quarter of the Oakland workforce, 40,000-48,000 workers, would benefit from the proposed policy, with the average worker earning an additional $2,700 a year. Our analysis of the existing economic research literature suggests that businesses will adjust to modest increases in operating costs through reduc

 



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