California voters reject raising minimum wage to nation-high $18 per hour

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California voters reject raising minimum wage to nation-high $18 per hour - Business Standard

Quick Summary:

"Proposition 32's failure to pass is disappointing for all Californians who believe that everyone who works should earn enough to support their families," said Kathy Finn, president of UFCW 770, a Southern California union representing nearly 30,000 workers in various sectors.

Voters in California have rejected a ballot measure that would have raised the state minimum wage to USD 18 per hour by 2026, the highest in the country.

Opponents, including the California Chamber of Commerce, said it would have increased costs, led to higher taxes and pushed businesses to cut jobs.