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 GDP growth rate is how much more the economy produced than in the previous quarter. The ideal rate is between 2 percent-3 percent. In a healthy economy, unemployment and inflation are in balance. The natural rate of unemployment will be between 4.7 percent and 5.8 percent. The target inflation rate will be 2.0 percent. You'd think the more growth, the better. However, a healthy GDP growth rate is like a body temperature of 98.6 degrees. Obviously, if your temperature is lower than the ideal, you know you're sick.