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New Minimum Wage Could Pose Threat to “Made in LA”

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Los Angeles wants its workers to earn a living wage, but the move to pad their pockets may prove detrimental to the city’s already dwindling manufacturing sector.

The Los Angeles City Council voted in May to phase in an increase to the city’s minimum wage from its current $9 an hour to $15 by 2020. The idea is that with more money, less workers are likely to need government aid and the added incentive might foster additional work pride, and ultimately, boost productivity.

Read more at Sourcing Journal.