A new minimum wage will take effect in California next year, an increase triggered by soaring inflation.
California next yearGov. Gavin Newsom's administration announced Thursday that the state's minimum wage will jump to $15.50 per hour.must increase to $15.50 per hour if inflation increased by more than 7% between the 2021 and 2022 fiscal years.The California Department of Finance said they project inflation for the 2022 fiscal year will be 7.6% higher than the year before, triggering the increase.
In a budget proposal preview, Newsom's plan includes sending up to $800 checks to car owners to offset this year's record-high gas prices despite opposition from Democrats in the Legislature. That would be $400 per car for a max of two cars per owner — plus another $750 million to give everyone free rides on public transportation for three months.