Mayor Pitches a $13.25 Hourly Minimum Wage

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During yesterday’s Labor Day holiday, LA Mayor Eric Garcetti unveiled plans for a gradual hike in the minimum wage to $10.25 next year, up to $13.25 by 2017 with a tie to inflation after that. Oakland, San Francisco and San Diego are also considering increases, andPresident Obama wants to increase the federal minimum wage.

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Warren Olney