Businesses In CA City With Nation’s Highest Minimum Wage Have This Problem

You’d never guess, but businesses in the city with the highest minimum wage in the United States are laying off workers.

Emeryville, California, with a population of 12,000, hometown of Pixar Animation Studios, features a minimum wage of $16.50 an hour, which is almost double what it was five years ago. The Wall Street Journal notes “the median rent for a one-bedroom apartment is $2,840, the median home price is more than $560,000, and a salad costs more than $15.”