SF becomes first US city to top $10 minimum wage

[Old Fart]

 
 
SAN FRANCISCO (AP) -- David Frias works two minimum-wage jobs to squeak by in one of the most expensive cities in America. Come New Year's Day, he'll have a few more coins in his pocket as San Francisco makes history by becoming the first city in the nation to scale a $10 minimum wage. The city's hourly wage for its lowest-paid workers will hit $10.24, more than $2 above the California minimum wage and nearly $3 more than the working wage set by the federal government. It won't put much more in Frias' wallet. But it gives him a sense of moving on up.
 
For complete article:
http://finance.yahoo.com/news/sf-becomes-first-us-city-084124973.html

[Conan The Librarian]

Adults earning minimum wage apparently don't think like the rest of us. The guy actually thinks that this won't translate into a corresponding increase in his own costs of goods and services, and probably reduce his employment options too, as employers continue to cut back on unskilled labor.