Inflation triggers California minimal wage improve in 2023 | Well being & Health

By ADAM BEAM Related Press

SACRAMENTO, Calif. (AP) — California’s minimal wage will rise to $15.50 an hour subsequent yr, Gov. Gavin Newsom’s administration introduced Thursday, a rise fueled by skyrocketing inflation that may profit some 3 million staff.

The rise is required by a state regulation handed in 2016. Nevertheless it comes at time for Democrats within the nation’s most populous state as they scramble to seek out methods to spice up taxpayer financial institution accounts in an election yr marked by the rise in costs which have diluted the buying energy of shoppers.

On Thursday, in a preview of his subsequent finances proposal, Newsom doubled down on his plan to ship checks of as much as $800 to automobile homeowners to offset this yr’s report fuel costs regardless of opposition from Democrats within the Home. Legislature. And he unveiled a brand new proposal to ship checks of at the very least $1,000 to 600,000 hospital and nursing house staff in recognition of their harmful work through the pandemic.

It is a part of a brand new spending proposal to place $18.1 billion in taxpayers’ pockets via a mixture of rebates and help with hire, medical insurance premiums and utility payments.

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