SF’s minimum wage hike took effect July 1, but changes little
- July 1, 2016
- David Neumark, economics professor, on the San Francisco minimum wage hike, courtesy of the SF Chronicle, July 1, 2016
Since 2014, the minimum wage has risen 21 percent. Meanwhile, unemployment in San Francisco County has dropped from 5 percent to 2.9 percent. In the same period, the labor force has grown from 522,300 to 549,800. “There are trade-offs,” said David Neumark, economics professor and director of the Economic Self-Sufficiency Policy Research Institute at UC Irvine.
For the full story, please visit http://www.sfchronicle.com/business/article/SF-s-minimum-wage-hike-took-effect-July-1-but-8335408.php.