Pasadena Releases Two Reports Detailing Minimum Wage Increase Impact on the City

The City of Pasadena Friday released two studies detailing a minimum wage increase impact analysis to comply with the Pasadena Minimum Wage Ordinance.
On March 14, 2016, the Pasadena City Council adopted a local minimum wage ordinance, Ordinance #7278. The ordinance required that on or before February 2019, the City Manager presents a report to the City Council summarizing the impact of the city-wide minimum wage on reducing poverty, unemployment, job creation, and overall business climate.
City staff prepared a Request for Proposal seeking responses to assess the impact of the City’s minimum wage on workers, businesses, city residents, and the broader community. As the result, the City selected two independent consultants to analyze the impact of the Pasadena Minimum Wage.
The reports were prepared by Dr. Michael Reich and Dr. Edward Leamer.

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See the reports here:

 

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Reich currently serves as a Professor of Economics at University of California, Berkeley and has recently served as Director for the Institute for Research on Labor and Employment at UC Berkeley. His research publications cover numerous areas of labor economics and political economy. Dr. Reich has a B.A. in Mathematics from Swarthmore College and a Ph.D. in Economics from Harvard University.
Leamer served as an Assistant and Associate Professor at Harvard University before joining the UCLA faculty in 1975. Dr. Leamer currently serves as Professor of Economics, Professor of Management and Professor of Statistics at UCLA Anderson School of Management. He served as Director of the UCLA Anderson Forecast for seventeen years. He received a B.A. degree in mathematics from Princeton University and a Ph.D. degree in economics and an M.A. degree in mathematics from the University of Michigan.
The City Council is expected to consider the issue of future increases to the local minimum wage at its meeting of February 11, 2019.