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Didn't they just increase minimum wage this year? https://sanjosespotlight.com/silicon-valley-san-jose-california-minimum-wage-bump-barely-makes-a-dent/ https:/
by smallerize 1y ago
Didn't they just increase minimum wage this year? https://sanjosespotlight.com/silicon-valley-san-jose-california-minimum-wage-bump-barely-makes-a-dent/ https://sanjosespotlight.com/silicon-valley-san-jose-califor...
- altairprime 1y ago> Didn't they just increase minimum wage this year Thank you for pointing out this correction and article! TIL. > from $17.55 an hour to $17.95 come Jan. 1 > In the San Jose metropolitan area, as of earlier this year, [Living Wage Calculator estimates] about $32.87 for a single adult with no children > Last year, the calculator estimated single adults needed to make $26.20 Elsewhere: > The [CPI] inflation rate for the United States was 2.7% for the 12 months ending June So, assuming the article’s figures are valid, it looks like San Jose’s minimum wage increased this year by around -1.5% (inflation-adjusted) or by around -20% (Living Wage adjusted), depending on which basis you use. If only San Jose had misread the inflation chart and mistakenly issued a one-month inflation increase rather than a one-year. Sigh.