In an effort to ensure that the City engages in a transparent, broad and thorough discussion of proposals to raise the minimum wage, Councilman Curren Price today called for more diverse perspectives to be reviewed and discussed during the Council’s committee deliberation process.
Last October, Councilmembers Mike Bonin, Gil Cedillo, Nury Martinez and Price, introduced a motion to raise the minimum wage in Los Angeles to $13.25 by 2017 and $15.25 by 2019. Later that month, the Economic Development Committee approved the procurement of an independent study to study the impacts of raising wages city-wide. After a thorough review process by the City’s Legislative Analyst, UC Berkeley was selected as the highest qualified bidder to perform this analysis.
As Chair of the Economic Development Committee, Price has invited the business and labor community, as represented by the Los Angeles Chamber of Commerce and the Los Angeles County Federation of Labor, to procure and submit their own studies, at their own expense, on the current proposals to raise the minimum wage, which will be reviewed and discussed individually. Additionally, Price has also asked that the City’s Chief Legislative Analyst and Chief Administrative Officer take appropriate steps to have all studies submitted peer reviewed.
“There is no issue more important to me than ensuring that all Angelenos and their families are able to survive, and thrive in this city, and a huge measure of that is driven by their ability to afford this city,” said Councilman Curren Price.
“I have full confidence in the process that has been laid out by City staff, in an effort to ensure we hear all diverse perspectives during this critical deliberative process, I am inviting key stakeholders to submit their own studies on the proposals to raise the city’s minimum wage while also calling for peer review.”
During its discussion, the Economic Development Committee asked that the independent study of the minimum wage proposal include a full analysis of the economic impact of the proposal, including the number of people who would benefit from an increased wage, the potential for increased tax revenue, the impact on job creation and retention, workers benefits and hours worked. The Committee also asked that the study include an analysis on the positive and negative impacts of categorical exemptions for specific industries, including non-profits and small and micro-businesses as well as comparisons of the cost of living, demographics and median wage in the City of Los Angeles, versus other major metropolitan cities. Councilman Price has asked that stakeholder studies be submitted by March 6, with peer reviews of all studies to immediately follow.