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Workers Applaud California Minimum Wage Hike, Economists Divided

California's hike in the minimum wage to $15 an hour, to take effect over the next six years, could help more than five million workers as its effects ripple through the economy, says supporter Ken Jacobs of the Center for Labor Research and Education at the University of California, Berkeley. Business groups oppose the increase, and analysts are divided. Some say small businesses will struggle with the increase and consumers will be hit with higher prices, while others say...

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