"As much as I would like to pay $30, we don't have money. We feel like we're at a tipping point with consumers. When working people have more money in their pocket, the overall economy thrives. Right now, if you are earning a minimum wage in the city, you simply cannot afford to continue calling it your home."
"A phased-in minimum wage hike in Los Angeles that will mandate up to $30 per hour for airport and hotel workers was signed into law last year by Mayor Karen Bass. It mandates that their hourly wage must be raised by $2.50 each year until they reach $30 in 2028. Hotels have eliminated or expect to eliminate 6% of positions, roughly 650 jobs."
New York City's city council may increase the minimum wage to $30, with Mayor Zohran Mamdani supporting the proposal as a campaign pledge under a "$30 by '30" initiative. The proposal would follow Los Angeles's model with incremental increases reaching $30 by 2030. Business owners express serious concerns about affordability, with coffee shop owner Moe Chan stating insufficient funds to support such wages. Restaurant industry leaders warn of economic strain. Los Angeles has already implemented similar phased increases for airport and hotel workers, with studies showing hotels have eliminated approximately 6% of positions, roughly 650 jobs, since the ordinance took effect in September.
Read at Fox News
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