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California green-lights $15 minimum wage

California lawmakers are signing off on a bill to boost the state'’s minimum wage to $15 within six years.

California green-lights $15 minimum wage

California lawmakers are approving a plan to boost the state's minimum wage to $15 within six years and believe the economic impact will be more positive than negative to the business sector.

The wage change impacts 6.5 million state residents, about 43 percent of the total workforce, according to a USA Today report. The move is expected to get state assembly approval.

"This plan raises the minimum wage in a careful and responsible way and provides some flexibility if economic and budgetary conditions change," Gov. Jerry Brown told USA Today.

California is making history with the legislation as it's the first state to increase base earnings to the $15-per-hour level and the country’s biggest state could spur many other states to taking similar action on the controversial proposal. Many in the business segment believe the wage spike will hinder industries, especially in the retail and fast food service areas.

According to USA Today more than a few cities in California have already taken similar action including Seattle, Los Angeles and San Francisco The state has already held the title of having one of the highest minimum wage levels in the country. USA Today states the plan would boost the current $10 an hour wage by 50 cents next year, hit $11 in 2018 and a dollar more each year through 2022.

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