California's legislature has passed a new bill that will increase the state's minimum wage to ten dollars over the next two-and-a-half years. Governor Jerry Brown indicated earlier this week that he would sign the bill. The bill will gradually raise California's minimum wage from the current eight dollars an hour to ten by 2016.
The new bill will make California’s minimum wage one of the highest rates in the nation. California District 3 Assemblyman Dan Logue says, “It's going to be a problem for small business. The expected job loss in the next seven years is forty-eight to sixty thousand jobs because of the increase of minimum wage." This will be the first increase in the state's minimum wage in six years.