STATEMENT: Lt. Governor Newsom on California Minimum Wage deal

3-28-16

(Sacramento) - California Lt. Governor Gavin Newsom issued the following statement on today's landmark deal to raise California's minimum wage to $15 per hour by 2022:

"California boasts one the world's largest economies, our state is an innovation engine that draws the best and brightest to live and work, yet two million Californian children live in poverty and that's simply unacceptable. We are witnesses to an unbalanced economic recovery of untenable contrasts. For too many, California's economic recovery has become a spectator sport."

"As a business owner myself, I believe it's great news that we're one important step closer to a higher minimum wage. The certainty of a statewide solution is good for business, as is the increased purchasing power of the workforce. And this is a necessary part of a much larger toolkit needed to address the fundamental economic changes underfoot."

"I recognize and applaud the role of organized labor in pressing this conversation in Sacramento, and their leadership in ensuring that economic opportunity is accessible to all hardworking Californians, regardless of who they are or where they live."

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San Francisco had one of the nation's highest minimum wages in 2009 under Mayor Gavin Newsom, at $9.79 per hour. Lt. Governor Newsom was an early supporter who joined proponents in submitting signatures to qualify the ballot initiative to increase the statewide minimum wage this year.

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03-28-16