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ObamaCare, Minimum-Wage Hike To Spike Calif. Low-End Labor Costs 50%

Compensation for California’s lowest-paid workers will rise as much as 50% or more per hour by 2016 due to the state’s minimum-wage hike and ObamaCare’s employer penalties.

But total wages earned by a full-time worker today making close to the minimum wage may not rise at all and may well decrease.

This one-two punch is likely to miss its mark as employers bob and weave to avoid ObamaCare fines. Instead, it may hit California’s low-wage workers with fewer hours or fewer new jobs. Read More…
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