Page 8 - DontShortchange

CPI - CA1
LACO2
CPI - LA3
Wages-Private4
Wages-Public5
Don’t Shortchange LA’s Working Families!
19.6%
18.4%
18.0%
15.0%
14.4%
Public and private sector wages are projected to grow by 9.3 percent (private sector) to 10.7 percent (public sector) over the next three years, and the cost of living in Los Angeles is growing signi cantly faster than the state or national economy.
The County’s proposal - just 5 percent over three years - shortchanges LA’s working families and hurts our communities.
Sources
1. UCLA Anderson Forecast, March 2018.
2 2015-18 MOU; 2018-20 County proposal of 1%/2%/2%.
3 2015-18: U.S. Bureau of Labor Statistics, CPI for All Urban Consumers: All items in Los Angeles-Riverside-Orange County. 2018-20 projected to continue at current rate of in ation.
4 State of California Department of Finance Economic Forecasts, U.S. and California.
5 State of California Department of Finance Economic Forecasts, U.S. and California.
Prepared by ActNow Strategies 4/18.
!"# 20% !"'&
!"'%
15%
!"'$ !"'#
!"' 10% !"!&
!"!%
5%
!"!$ !"!#
!0
#!'$ #!'( #!'% #!') #!'& #!'* #!#!
2015 2016 2017 2018 2019 2020
+,-./0123,4,567 891+2: +91+2: +91;6<=51 >23?@6/=1AB +91;6<=51 >2-C7?D1AB