Question

In: Economics

What is the situation with the lowest-paid workers in California compared to the lower-paid workers throughout...

What is the situation with the lowest-paid workers in California compared to the lower-paid workers throughout the United States?

Solutions

Expert Solution

The average minimum wage of the entire United States is $7.25 while the minimum wage in California is $15. This means that the minimum wage of California is approximately double that of the entire minimum wage of US. This reveals the fact that California is way too developed than the United States where there can be also chances of high unemployment prevailing to the labor as many migrate there because of high wages which is something not desired.

Therefore unemployment rates are also high in California due to this reason than the entire US.


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