The minimum wage in California is currently $13.00 per hour for employers with up to 25 employees and $14.00 per hour for employers with over 25 employees.A few years ago, California legislators voted to raise the minimum wage in California from $9 per hour to $15 per hour over the years 2016-2022.

Is this a reasonable proposal? What has been and what will be the impact on the California economy of an increase of this magnitude? On local businesses? On the labor market?