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The minimal wage in San Diego is about 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 staff. It is very important observe that the minimal wage shouldn’t be a residing wage, which is the minimal hourly wage {that a} employee wants to satisfy their primary wants.

There are lots of advantages to elevating the minimal wage. First, it helps to cut back poverty. A better minimal wage signifies that low-wage employees may have extra money to spend on primary requirements reminiscent of meals, housing, and transportation. This may also help to raise households out of poverty and enhance their high quality of life. Second, elevating the minimal wage can enhance the economic system. When low-wage employees have extra money to spend, they’re extra more likely to spend it on items and companies, which may also help to create jobs and stimulate financial progress. Third, elevating the minimal wage may also help to cut back inequality. A better minimal wage signifies that the hole between the wealthy and the poor might be smaller.

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