Creating a $15 minimum wage at U.S. airports will provide transformative economic benefits for low-paid air transportation employees who work 24-7 in a fast-paced, noisy environment, providing essential services for airlines and the traveling public. The $15 wage will also generate job growth in businesses where airport workers spend their wages, lift many out of poverty, reduce dependence on public assistance, and boost tax revenues that pay for crucial government services.
Over 54,000 workers employed in Long Beach’s formal economy will be affected by increasing the minimum wage to $15. The annual earnings of workers will increase by about $405 million. The largest share of increased wages—almost $130 million—will go to workers who also live in the City of Long Beach The greatest number of affected workers and the largest payroll increases will be in restaurants, retail trade, education, transportation and warehousing, and health care. The economic stimulus from increased consumption by workers' households will create an estimated 3,186 new jobs and generate $442 million in increased sales in the region.