LOS ANGELES- The Los Angeles City Council on Tuesday voted 14-1 to raise the minimum wage in Los Angeles to $15.00 an hour by 2020, plus an additional one-year “phase in” period for small businesses, bringing all workers to $15.00 by 2021. Councilmember Paul Krekorian played a leading role in shaping the legislation.
“This is a historic day in the City of Los Angeles, and a step forward in our national dialogue on income inequality,” said Councilmember Krekorian. “We are showing that Los Angeles is leading by increasing our citywide minimum wage for hundreds of thousands of low-wage workers. Los Angeles has become one of the most unaffordable cities in the country. Our wages have not kept pace with the cost of food, the cost of housing and the cost of transportation. Raising the minimum wage to $15 an hour by 2020 for large businesses and 2021 for small businesses will help close that gap and bring more people into the middle class.”
Krekorian continued: “I want to thank Mayor Garcetti for starting the discussion last September and consistently challenging the City Council to do the right thing and raise the minimum wage. His leadership was absolutely critical to this entire process.”
Los Angeles Mayor Eric Garcetti immediately hailed voter saying: “Today, help is on the way for the one million Angelenos who live in poverty. I started this campaign to raise the minimum wage to create broader economic prosperity in our city and because the minimum wage should not be a poverty wage in Los Angeles.”
“I want to thank the City Council, especially Council President Wesson and Councilmembers Bonin, Cedillo, Koretz, Krekorian, Martinez, O’Farrell and Price, for joining me in building a stronger city and I look forward to signing this legislation,” added Garcetti.
NEW MINIMUM WAGE SCHEDULE
Beginning July 1, 2016, the minimum wage in the City of Los Angeles will be as follows:
Increases will happen on July 1 of the calendar year. Starting on July 1, 2022, the minimum wage will be indexed to THE Consumer Price Index for Urban Wage Earners and Clerical Workers for the Los Angeles metropolitan area.
SMALL BUSINESS WAGE SCHEDULE
Businesses with 25 or fewer employees will receive an additional year to phase in the City’s minimum wage, putting all businesses on the same wage scale on July 1, 2021.
Los Angeles City Councilmember Paul Krekorian, chairman of the Budget and Finance Committee and vice-chair of the Economic Development Committee, represents Council District 2, which includes North Hollywood, Studio City, Valley Village and other communities in the east San Fernando Valley. His website is paulkrekorian.org, where you can sign up for news updates.