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Though the wage boost increases the prospect of inflation, it may have another more salutary aspect.
Employees' rights advocates are calling the wage boost a "revolution in the workplace".
Obama promises minimum wage boost.
(See Sullivan supports state minimum wage boost he once opposed).
That means the wage boost could mean an economic boost as well.
Mayor Eric Garcetti has already promised to sign the wage increase into law, allowing the first wage boost — to $10.50 per hour — to take effect in July 2016.
Thing Seven: The Benefits Of A Minimum Wage Boost: A boost in the minimum wage could mean more workers quitting their jobs.
Later this month, supervisors are expected to vote on a similar base wage boost in county unincorporated areas.
The game became professional, and when the maximum wage was eventually abolished players started to earn considerable wages.
The strikers are demanding wage boosts and other benefits.
Wage inflation ultimately leads to increases in consumer prices as higher nominal wages boost spending power.
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