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<br /> <br />The Effects of a $15 Minimum Wage by 2019 in Santa Clara County and San Jose 3 <br /> <br />Our data are drawn from the Census Bureau’s American Community Survey and from other <br />Census and U.S. Bureau of Labor Statistics datasets. We also make use of the extensive research <br />conducted by economists—including ourselves—in recent years on minimum wages, and upon <br />research on related economic topics. <br />Our estimates of the effects of a $15 minimum wage are also based upon existing research on <br />labor markets, business operations, and consumer markets. Our estimates compare employment <br />numbers if the policy were to be adopted to employment numbers if the policy is not adopted. <br />Other factors that may affect employment by 2019 are therefore outside the scope of our <br />analysis. We have successfully tested our model with a set of robustness exercises. <br />Our analysis does not incorporate the recent state minimum wage law passed in April 2016. <br />Since the San Jose and Santa Clara County scenarios are on a faster timeline, the number and <br />demographics of workers affected would be similar if we had included the scheduled statewide <br />increases. However, the size of the average wage increase and the effect on firms compared to <br />the new baseline established by the state would be somewhat smaller. <br /> <br />8.A. - Page 17