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AgdaPkt 2017-09-25 Closed and Joint SA PFA
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AgdaPkt 2017-09-25 Closed and Joint SA PFA
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Last modified
9/26/2017 8:58:20 AM
Creation date
9/21/2017 12:45:28 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
9/25/2017
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<br /> <br />The Effects of a $15 Minimum Wage by 2019 in Santa Clara County and San Jose 26 <br /> <br />In Table 5, we show the demographic and job characteristics of the affected workers under <br />Scenario B in Santa Clara County. Affected workers in Santa Clara County as a whole share many <br />of the same characteristics as affected workers in San Jose. Nearly half of Latino/a workers <br />would receive a raise as a result of the proposed law. Over half are in their thirties or older (56.6 <br />percent) and most are in their twenties or older (95.5 percent). About a third have children (33.9 <br />percent). <br />As in San Jose, a disproportionate number of affected workers in Santa Clara County live in <br />families at or below 200 percent of the federal poverty level (39.9 percent), and most workers <br />living in families below the poverty line will receive a pay increase (91.1 percent). On average, <br />affected workers bring home almost half of their family’s income (48.0 percent). <br />The earnings gap between affected workers and the overall workforce is higher for Santa Clara <br />County than for San Jose. We estimate that the median annual earnings of affected workers <br />($17,821 in 2014 dollars) is less than one third (30.7 percent) of the median earnings for all <br />workers in Santa Clara County. As in San Jose, affected workers in Santa Clara County are <br />disproportionately employed in part-time or part-year jobs, and are much less likely to have health <br />insurance provided by their employer than the overall Santa Clara County workforce.11 <br /> <br /> <br />8.A. - Page 40
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