The U.S. dollar has depreciated to its lowest value in four years, resulting in increased costs for local businesses and potentially higher prices for consumers, although it could also lead to an increase in foreign tourism.
Tag: inflation rate
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Student workers now earn $16.90 after Jan. 1 minimum wage boost
California’s minimum wage increased by 40 cents to $16.90 per hour on Jan. 1, reflecting the state’s annual wage adjustments to accommodate rising inflation rates, with many Cal Poly students relying on this wage increase to cover their expenses.