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Economy
Floridians approve raising minimum wage to $15
2020-11-04
[Washington Examiner] Floridians approved a ballot measure Tuesday that would gradually increase the state’s minimum wage to $15 an hour, according to the New York Times.

The state’s minimum wage is currently set at $8.56, higher than the $7.25 federal minimum wage.

The state’s Supreme Court last December approved the ballot measure, which needed at least 60% of all votes to be approved. Over 61% of voters backed the measure.
Posted by:Besoeker

#14  As is well known, the real minimum wage is zero.
Posted by: KBK   2020-11-04 19:21  

#13  CA shot down affirmative action by a yuge margin.
Posted by: Betty Grumble1694   2020-11-04 18:11  

#12  Funny, FLA voted for Trump but also voted in this socialist first step.

Meanwhile CA voted for Biden but shot down rent control.
Posted by: rjschwarz   2020-11-04 15:51  

#11  Remember all of those "Fringe Benefits" you had, comrade? Poof, gone!
Posted by: magpie   2020-11-04 14:36  

#10  Yeah Florida, great idea. If the China cough didn't cancel the family trip to the mouse trap, the cost will!

Lake Texoma, here I come!
Posted by: swksvolFF   2020-11-04 11:25  

#9  The big theme parks are gonna be different places in the near future.
Posted by: ed in texas   2020-11-04 10:12  

#8  @ #6 - Much like the banking industry does with the SEC, etc. (Goldman Sachs, Wachovia (Wells Fargo)) and probably how Boeing got their way with the FAA and the 737Max debacle. Surely countless examples.
Posted by: Clem   2020-11-04 09:53  

#7  this, first step increase is to $10/hr by 1 Oct 2021, is coming at a point in time when the hospitality sector and the brick and mortar retail sector, both of which provide a disproportionate high level of entry jobs, are suffering

outdoor maintenance and Long Term Care sectors are doing OK now and will probably be able to absorb, at the first year of increase.

Final increase to $15 isn't until 1 Oct 2026.
Posted by: Lord Garth   2020-11-04 09:29  

#6  Yes it is a boon for any illegal migrant employer who can pay off the government to look the other way.
Posted by: Bright Pebbles   2020-11-04 08:04  

#5  /\ Possibly the opposite will happen as cheaper ("black"/"under-the-table") labor is sought.
Posted by: Clem   2020-11-04 07:54  

#4  Compulsory unemployment for those who have low productivity.

At least it will lessen demand for migrants.
Posted by: Bright Pebbles   2020-11-04 07:37  

#3  And Florida's economy goes in the tank.

Smooth move A--holes you'll get your socialism good and hard now.
Posted by: AlanC   2020-11-04 07:19  

#2  Watch unemployment rise in Florida. Of course, "capitalism" will be blamed.
Posted by: Clem   2020-11-04 06:47  

#1  And I thought that the Congress were the only ones who could vote themselves a raise.
Posted by: Besoeker   2020-11-04 06:31  

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