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> 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 >
by 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.