“What’s Next After $15?” a forum recently held by the American Civil Liberties Union’s Pasadena chapter, brought together community organizers and antipoverty activists to discuss the challenges now faced by the City of Roses to implement its new living wage law.
Jamie Dimon, CEO of JPMorgan Chase, knows something about pay increases. Last year, JPMorgan Chase’s board gave Dimon a 35 percent pay increase, from $20 million to $27 million, even though the bank’s profits fell two percent and it laid off 6,671 employees.
At a time when the income chasm between California’s wealthiest and poorest residents continues to be one of the widest in the nation, 2016 might become a watershed year in California’s ongoing struggle to achieve income equity for the state’s nearly 4.8 million low-wage households.
The placards stacked outside the Ronald Reagan State Building said it all: “We Did It!” The hundreds of low-income workers who had just carried those signs had come to downtown Los Angeles Monday morning to celebrate “it” – the passage of a $15 an hour state minimum wage. The mood was jubilant, almost delirious, in […]
Barring an unexpected reversal of fortune, California is on track to become the first state to officially raise its minimum wage to $15 an hour. News first emerged on March 26 of an agreement with Governor Jerry Brown and leading Democratic legislators to raise the wage from its current $10 hourly mark to $10.50 beginning January […]