California Raises Minimum Wage to $15 An Hour

The video discusses the increase in minimum wage to $15 per hour for companies with more than 26 employees in California, effective January 1, 2022. This change follows years of protests and legislative efforts. Despite attempts to raise the federal minimum wage, the movement has seen more success at the state level. Companies like Walmart have faced pressure from workers to increase wages, and while some have raised wages, inflation has diminished the real gains. The video highlights the ongoing struggle for fair wages and the economic implications of these changes.

What was the minimum wage in California before it was raised to $15 an hour?

• $14

• $10

• $12

• $7.25

Which legislative body attempted to raise the federal minimum wage to $15 as part of a COVID relief package?

• The Senate

• Democrats in Congress

• The House of Representatives

• Republicans in Congress

How many states, along with Washington DC, decided to increase the minimum wage in 2022?

• 15

• 26

• 30

• 50

What was Walmart's average hourly wage in the US according to their statement?

• $18.20

• $17.50

• $16.40

• $15.00

What economic factor has reduced the real increase in wages during the pandemic?

• Deflation

• Rising inflation

• Increased taxes

• Recession