Los Angeles City Council Approves Minimum Wage Hike

Reuters
Updated
Los Angeles Minimum Wage
APSupporters applaud during the first minimum wage increase vote in Los Angeles on Tuesday, May 19, 2015.


By Dan Whitcomb

The Los Angeles City Council on Wednesday gave final approval to an ordinance raising the minimum wage in America's second-largest city to $15 an hour by 2020 from the current $9.

The measure, which still must be signed into law by Mayor Eric Garcetti, would require businesses with more than 25 employees to gradually increase wages to meet a $15 hourly pay level by 2020, while smaller businesses would have an extra year to comply with each step.

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