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The minimal wage in San Diego is ready to extend to $15.00 per hour on January 1, 2025. This improve is a part of a statewide effort to lift the minimal wage to $15.00 per hour by 2025. The minimal wage is the bottom hourly wage that employers are legally allowed to pay their workers. You will need to observe that the minimal wage isn’t a residing wage, which is the minimal hourly wage {that a} employee wants to satisfy their fundamental wants.

There are numerous advantages to elevating the minimal wage. First, it helps to scale back poverty. A better minimal wage signifies that low-wage staff can have extra money to spend on fundamental requirements corresponding to meals, housing, and transportation. This can assist to elevate households out of poverty and enhance their high quality of life. Second, elevating the minimal wage can enhance the financial system. When low-wage staff have extra money to spend, they’re extra prone to spend it on items and providers, which can assist to create jobs and stimulate financial progress. Third, elevating the minimal wage can assist to scale back inequality. A better minimal wage signifies that the hole between the wealthy and the poor might be smaller.

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