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5 <br /> <br /> Some of their key findings included: <br /> <br />· The majority of workers in Redwood City (67%) are age 30 to 54, while 17% of <br />the remaining work force are 29 and younger and 19% are 55 and older. <br />· A vast majority of workers (73%) make more than $3,333 per month, while 18% <br />make between $1,251 and $3,333 per month and 9% make $1,250 per month or <br />less. <br />· The workforce is split fairly evenly between men (54%) and women (46%). <br />· About 20% of workers identify as Hispanic or Latino, with the remaining 80% <br />identifying their ethnicity as not Hispanic or Latino. <br />· A large percent of the city’s workers (63%) are employed in five main industries: <br />Information; Professional, Scientific, and Technical Services; Health Care and <br />Social Assistance; Retail Trade and Public Administration. Two industries that <br />have a high concentration of low-wage workers in the County - Accommodation <br />and Food Services, and Arts, Entertainment, and Recreation - make up a smaller <br />portion of Redwood City industries, 5% and .7% respectively. <br />· The largest concentration of jobs in Redwood City are geographically located in <br />four primary locations: Charter, Downtown, the Port and Redwood Shores <br />(Attachment B). <br />ANALYSIS <br />In examining the development of a local minimum wage ordinance, areas of policy <br />significance include: the dollar amount and time frame to increase a local minimum <br />wage; exceptions and exemptions; minimum wage ordinance enforcement; community <br />engagement and communication activities; and potential City impacts. This next section <br />provides information on these policy areas and includes policy options for the Council to <br />consider. <br /> <br />Dollar Amount to Increase Minimum Wage <br />The minimum wage amount in California is set to reach $15.00 by 2022. National <br />advocates for a higher minimum wage have promoted the “Fight for $15” campaign. <br />Nationally, many economists see $15.00 per hour as an amount that enables a full-time <br />worker to earn enough to be safely out of poverty without relying upon public <br />assistance. However, this is dependent upon regional cost of living, which is <br />substantially higher in San Mateo County than elsewhere in the state and country. <br />According to the California Family Economic Self-Sufficiency Standard, each adult in a <br />family of four with two working adults and two children would need to earn $24.77 per <br />hour to meet basic needs in San Mateo County. UC Berkeley’s Institute for Research on <br />Labor and Employment (IRLE) recently conducted a more detailed analysis of the <br />$15.00 minimum wage and its impact on local economies in June 2016 titled “The <br />Effects of a $15 Minimum Wage by 2019 in San Jose and Santa Clara County.” A short <br />analysis of the study and the full report are included as Attachments C and D. <br /> <br /> <br /> <br /> <br />8.A. - Page 5