In a victory for workers, California will raise its minimum wage by $2 over the course of the next several years. Late last month, Governor Jerry Brown signed into law a new bill that will raise the minimum wage from the current $8 per hour to $10 per hour by 2016. The minimum wage will first be raised to $9 per hour as of July 1, 2014, and will reach $10 per hour effective January 1, 2016.
The increase in the minimum wage to $10 means that California’s minimum wage will become the highest in the nation. The federal minimum wage is currently set at $7.25.