1st ANNIVERSARY OF THE IMPLEMENTATION OF $10 MINIMUM WAGE IN SAN JOSE

FOR IMMEDIATE RELEASE  

Contacts:      •Elisha St. Laurent, SJSU Class of ’14, CAFÉ J,  (408) 438-8549,  elishastlaurent@gmail.com

•Dr. Scott Myers-Lipton, Professor, SJSU, (510) 508-5382, smlipton@sjsu.edu

1st ANNIVERSARY OF THE IMPLEMENTATION  OF $10 MINIMUM WAGE IN SAN JOSE

Leaders from Five Cities To Speak About “Raising the Wage”

SAN JOSE, CA – On Tuesday, March 11th at noon, the Campus Alliance for Economic Justice–the SJSU student group that developed and helped lead the Measure D campaign–will hold a press conference at the Tommie Smith and John Carlos statues to discuss the positive impact that the $2 minimum wage increase has brought to San Jose.  In addition, leaders from five California cities will speak about why they are leading efforts to raise the city-wide minimum wage in their communities (see attached flier).

The positive impact of the $2 increase in the minimum wage has been profound:

•The 40,000 minimum wage workers in San Jose have pumped over $100 million into the local economy since the implementation of Measure D, helping to stimulate the economic growth of Silicon Valley; •This economic stimulus has helped decrease the unemployment rate since the passage of Measure D, which has dropped in the San Jose metro area from 7.6% in February, 2013 to 5.8% in December, 2013 (the last month available);*

•The City of San Jose reports that overall businesses growth is up 4.9% in San Jose, with 84,000 businesses registered at the start of 2014 in comparison to 75,000 in the previous year.  In the leisure and hospitality industry, a sector that includes food services, there was a net increase of 4,000 jobs in San Jose in 2013 according to the California Employment Development Department; ** •The San Jose Downtown Association reports that businesses grew by 3% in the past year, with the retail sector, which includes restaurants, increasing to 19% of all downtown businesses, up from 15% in 2012; *** •Lastly, the US Bureau of Labor Statistics reports that the number of hours worked on average in 2013 in the San Jose metro area is nearly the exact amount as they were in 2012 (36.5 vs. 36.9 hours). ****

As a result of these positive results, the idea to “raise the wage” has spread to other California cities hoping to repeat what San Jose, as well as San Francisco, has accomplished.  At the press conference, leaders from five cities (i.e., Berkeley, Davis, Eureka, Mountain View, and Sunnyvale) working to raise the minimum wage will speak about the conditions that caused them to put forward a city-wide minimum wage increase, and the current status of their campaigns. •11:30 am: Opportunity to speak to community leaders from five cities •12 pm:  Press conference begins

####

* http://data.bls.gov/timeseries/LAUMT064194000000003?data_tool=XGtable  ** http://www.nbcbayarea.com/news/local/Reality-Check-Minimum-Wage-One-Year-Later-244821391.html; http://www.calmis.ca.gov/file/lfmonth/sjos$pds.pdf

*** http://www.calmis.ca.gov/file/lfmonth/sjos$pds.pdf

**** http://bls.gov/web/laus/tabled6.pdf

One thought on “1st ANNIVERSARY OF THE IMPLEMENTATION OF $10 MINIMUM WAGE IN SAN JOSE

  1. Pingback: This Week Meeting Cancelled; Next Meeting Tuesday Mar. 18 @ Labor Temple | Eureka Fair Wage Act

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