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Gavin Newsom says new pay floor of $17.40, set to become highest of any US state, will go into effect on 1 JanuaryCalifornia governor Gavin Newsom announced that the state’s minimum wage will rise to $17.40 next year, a ay floor set to become the highest of any US state.The pay bump will go into effect starting 1 January, Newsom announced on Friday. The state’s current minimum rate is $16.90. In a news release, Newsom touted the move as a salve for working families amid high living costs and too
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