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Verilumia

The Daily Verified Briefing

Markets

California minimum wage set to $17.40 per hour Jan 1 2027

Published 31 July 2026

California’s statewide minimum wage will rise to $17.40 per hour on January 1, 2027, marking the highest baseline wage in the nation. Governor Gavin Newsom announced the 50-cent increase on Friday, July 31, 2026, framing it as a contrast to the long-stagnant federal minimum wage. The increase, from the current $16.

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