California News

SoCal Wages Up 4%

Orange County Register-


Southern California bosses raised wages at a 4% annual rate in December — tied for the largest increase among 15 major U.S. job markets tracked by a federal benchmark.

Every three months, the U.S. government’s Employment Cost Index tracks what it costs employers in wages and salary to keep and attract workers. Here’s what the index for the Southern California region — Los Angeles, Orange, Riverside, San Bernardino and Ventura counties — told us about local pay patterns and how they compared to national trends …

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