story01.htm

3/30/2016

This article from The New York Times discusses a plan in California to gradually raise the minimum wage to $15 per hour. The plan, if approved, would result in the highest statewide minimum wage in the country. Supporters argue that this increase would help lift workers out of poverty and stimulate economic growth. However, opponents express concerns about the potential negative effects on businesses, particularly small businesses, who may struggle to absorb the higher labor costs. The article presents different viewpoints on the issue and highlights the broader debate surrounding the minimum wage and its impact on the economy.

labor rights ꞏ minimum wage ꞏ low-wage workers ꞏ living wage ꞏ social justice ꞏ job market ꞏ public policy ꞏ income gap ꞏ economic policy ꞏ labor ꞏ cost of living ꞏ california ꞏ income inequality ꞏ business ꞏ economic justice ꞏ labor market ꞏ political economy ꞏ middle class ꞏ income disparity ꞏ working class ꞏ income mobility ꞏ wealth gap ꞏ economic impact ꞏ economic trends ꞏ economic reform ꞏ economic stability ꞏ fiscal policy ꞏ economic development ꞏ economic growth ꞏ economic analysis ꞏ small business ꞏ income distribution ꞏ wage increase ꞏ economy ꞏ economic opportunity ꞏ poverty ꞏ job creation ꞏ socioeconomic issues ꞏ employment ꞏ workers' rights ꞏ economic inequality ꞏ social welfare