San Francisco raises minimum wage: How that compares to other cities


San Francisco raises minimum wage: How that compares to other cities

San Francisco has raised its minimum wage from $14 to $15 an hour, largely as a response to out-of-control housing prices. The law went into effect on on July 1.

An hourly wage of $15 is more than twice the federal rate of $7.25, but it’s still not enough to live in San Francisco comfortably, according to an SFGate analysis of data from the National Low Income Housing Coalition.

With a minimum-wage job, the numbers suggest, San Franciscans still need to work 160 hours per week to rent a two-bedroom home.

Business Insider

http://www.businessinsider.com/san-francisco-minimum-wage-cities-comparison-2018-7?utm_source=feedly&utm_medium=referral