On July 1, San Francisco’s minimum wage officially increased 75 cents to $13 an hour, the latest step in the city’s plan to establish a $15 an hour wage floor by 2018. Although some local business owners expressed discontent with the change, San Francisco’s Office of Economic Analysis predicts the continued expansion of the city’s economy, which should be stimulated by higher consumer income and spending. Since 2014, unemployment in the city has dropped 2.1 percent and the labor force has grown, despite a 21 percent increase in the minimum wage over the same period.
“It’s an honor to serve the city that supports some of the most aggressive and strongest labor protections in the U.S.,” the city’s Office of Labor Standards Enforcement Director Pat Mulligan said.
Read more: San Mateo Daily Journal Minimum wage hike to $13 takes effect in San Francisco