Los Angeles, CA — Governor Schwarzenegger has signed a bill giving California one of the highest minimum wages in the nation.
Flanked by Democratic lawmakers during the bill-signing ceremony Tuesday in Los Angeles the governor said; “This is a great accomplishment in an election year.”
The law gives more than one-point-four million Californians an increase of 75 cents an hour in January and another 50 cents the following year, boosting the rate from $6.75 an hour to $8.00 an hour.
With the new law, California joins Massachusetts as having the nation´s highest minimum wage. Some business groups had objected to the raise, saying it will hurt the economy and drive up cost of doing business.