Institute for Research on Labor and Employment

For many, Los Angeles evokes images of year-round sunshine and celebrity, a dream city of wealth and possibility. Yet in reality, half of L.A. residents living in poverty are employed, showing that low wages drive poverty as much as unemployment does. This report assesses the benefits and consequences of raising Los Angeles’s minimum wage to $15.25. The result will be an increase of $5.9 billion in wages with a stimulus effect for the region. Paying fair wages will be an adjustment for some businesses, but the result will be a bigger, more sustainable and inclusive economy for Los Angeles.