SANTA BARBARA, Calif.-Wages are going up in California and dozens of other states on Jan. 1, 2024. Few workers are complaining. California's minimum wage will go from $15.50 to $16.00, more than twice the Federal baseline minimum wage of $7.25. Many city councils have voted to raise wages even higher. California fast food workers are also getting raises, but not until April. That is when they will make at least $20 an hour, $4 more than the new statewide minimum wage. Some local mom and pop chains are reluctant to talk about raises. Economics 101 teaches the pros and cons. Supporters have said raising the minimum wage stimulates the economy by giving low-wage earners more
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