California minimum wage to go up to $15.50 in January
Calif. (KYMA, KECY) - Minimum wage in California is expected to go up to $15.50 per hour next January.
Gov. Gavin Newsom's office made the announcement.
The rate is increasing because a state provision about inflation was triggered.
Newsom's office indicated the state's minimum wage law requires an accelerated increase when inflation goes over 7%.
The Bureau of Labor Statistics said Wednesday the consumer price index was up 8.3% year over year in April.
Current minimum wage in California is $14 an hour for employers with 25 employees or fewer and $15 an hour for employers with 26 or more employees.
