California to Raise Minimum Wage to $15 an Hour

From Reuters:
A deal has been reached to raise California’s minimum wage, Governor Jerry Brown said on Monday, adding to a wave of minimum wage increases at state level in the United States.

In a brief statement, Brown described it as a “landmark deal” and said he would release details at a press conference later on Monday.

A legislative source said the proposal, which still must win approval from moderate lawmakers in the state assembly, would gradually raise the state’s minimum wage to $15, but give the governor the right to opt out if the economy was struggling.”


More available here