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<br /> <br />The Effects of a $15 Minimum Wage by 2019 in Santa Clara County and San Jose 6 <br /> <br />• Most of the reduction in job growth in San Jose reflects leakage of the increased spending by <br />workers getting increases into the rest of the region. A substantial share of San Jose workers <br />who would get pay increases live and spend their increased income in neighboring areas. <br />Taking into account the increased spending in surrounding areas, we estimate there would be <br />80 fewer jobs over the larger regional area than without the wage increase. This area includes <br />the following counties: Santa Clara, Alameda, San Mateo, San Francisco, Santa Cruz, <br />Monterey, and San Benito. <br />8.A. - Page 20