Los Angeles approves minimum wage increase

Ordinance calls for gradual increase to $15 per hour by 2020

The Los Angeles City Council voted 12-1 Wednesday to give final approval to an ordinance that would increase the minimum wage to $15 per hour by 2020.

The ordinance, which Mayor Eric Garcetti is expected to sign, will require employers of 26 or more workers to increase their minimum hourly wage to $10.50 by July 1, 2016, and then rise in phases to reach $15 by July 1, 2020. Businesses with 25 or fewer workers have an extra year to comply, moving to $10.50 by July 1, 2017.

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