California Is First State To Approve $15 Minimum Wage:
Both the State Assembly and State Senate passed the measure on Thursday afternoon. Governor Jerry Brown said he would sign it on Monday.
“No one who is working full time in California should live in poverty due to a low wage,” said Democratic State Senator Mark Leno, who cosponsored the bill.
The measure will raise the state’s minimum wage to $10.50 in January and to $11 in January 2018. It will then increase by an additional $1 per hour every year until it reaches $15 in 2022. If, however, the state goes through an economic downturn or budget crisis, the governor may choose to slow the implementation.
The final bill gives small businesses, with 25 or fewer employees, an extra year to implement the increases.
Forbes List: Michael Jordan Still Sport’s Highest-Paid Retired Star:
Few people are able to jump as high as Michael Jordan — and it seems that goes for earnings in retirement too.
Fears Of A ‘Long, Hot Summer’ As Chicago Racks Up A Deadly Record:
Eighty-year-old Betty Johnson has lived in Chicago’s Roseland neighborhood since 1968. She raised two children and several grandchildren on the city’s far south side, where she has lived her entire life.
