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 did the Brookings Institution study find about wages for hourly workers during the pandemic?

How has rising inflation affected wage gains for workers?