L.A. County supervisors agree to boost minimum wage to $15 an hour by 2020. Hilda Solis. Marcus Yam / Los Angeles Times. L.A. County supervisor Hilda Solis leads a rally by labor groups to raise the minimum wage to $15 by 2020 in Los Angeles on July 21. (Marcus Yam / Los Angeles Times).
The Company's internal growth rates represent the weighted average, year-over-year growth rates of revenues excluding the effects of foreign currency rate fluctuations and acquisitions.
The current U.S. GDP growth rate is 2.6 percent. That means the United States economy grew 2.6 percent in the second quarter of 2017. The second quarter was April through June. That attains the ideal growth rate of between 2-3 percent. The ideal rate is fast enough to provide enough jobs, but not so fast it will create inflation.