New study finds a lift of the Los Angeles minimum wage to $15.25 will boost the economy
Education workers are ineligible for unemployment insurance when school is out for the summer
Report Finds One Out of Six Construction Workers in Golden State Employed in the Informal Economy
Most California school employees in classified positions such as teacher assistants, childcare workers, janitors, and office clerks struggle to support their families with incomes that are often inadequate to pay for food, housing and health care. The median annual earnings of classified workers in 2012 was only $20,700, well below self-sufficiency standards.
Raising L.A.'s minimum wage to $15.25 per hour will put $5.9 billion new dollars into the pockets of workers and families, and provide stimulus benefits for under-invested communities.
Construction is a $152 billion industry in California, employing 895,000 workers. One out of six construction workers in the Golden State, that is 143,900, sank into the informal economy in 2011. Informal construction workers earn about half of what their formal counterparts bring home and their households are three times more likely to live in poverty.
One out of four restaurant workers in Los Angeles lives in poverty. A raise in minimum wage that includes tipped workers will not only give families more money to spend on basic needs, it will also save taxpayers on public assistance programs.
A raise to $15.25 by 2019 is an investment in Los Angeles. Dollars earned by minimum wage workers will be spent locally, thereby growing our city.