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Los Angeles Times: Los Angeles' minimum wage on track to go up to $15 by 2020

L.A. joins other major cities in wage push that could drastically impact franchises.

By Nick Powills1851 Franchise Publisher
SPONSORED 12:12PM 05/21/15

The Los Angeles City Council recently threw its support behind a proposed increase of the minimum wage in the city to $15 an hour, according to the L.A. Times. The California city joins other major metro areas pushing for a minimum wage hike, such as Seattle and Chicago. However, L.A. would be the largest city in the country to make such a change.

The Times reported lawmakers agreed to craft an ordinance raising the current $9-an-hour base wage to $15, with Coucilman Paul Krekorian stating: “Make no mistake, today the city of Los Angeles, the second biggest city in the nation, is leading the nation.”

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