Los Angeles Lifts Its Minimum Wage to $15 Per Hour


California’s largest city raised its minimum wage to $15 by 2020. This trend is sweeping the nation. Critic say small businesses will be hit hardest. We’ve heard warnings of layoffs in those sectors who can’t afford such a pay hike, but proponents are winning the battle arguing the minimum wage needs a boost to keep up with GDP per person.

We also learned about the artificially low prices in New York nail salons, a major Big Apple industry. Look for prices to rise on the mani-pedi index:

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