Labor & Economic News Blog


Tuesday, March 31, 2015

Raise the minimum wage, but don't forget about the cost of housing

Raise the minimum wage, but don't forget about the cost of housing

A worker would have to earn $33 an hour to afford the average apartment, KPCC reported this year. The state minimum wage of $9 an hour doesn’t have the same buying power in Los Angeles that it does in Bakersfield or Humboldt. So it makes sense to set a higher minimum wage in a pricey urban area.

 



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