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3 weeks ago

LA delays $30 'Olympic wage' until after games as hotel owners warn of layoffs, economic fallout

Los Angeles officials have delayed implementation of a controversial plan to raise the minimum wage for hotel and airport workers to $30 an hour after the hospitality industry warned the mandate could result in layoffs, reduced hiring and increased automation.The measure, often referred to as the "Olympic Wage," was originally designed to increase wages to $30 an hour by 2028 as Los Angeles prepares to host the Summer Olympics. But city leaders recently voted to push back full implementation until 2030 amid concerns about rising labor costs as hotels prepare for a surge in visitors tied to the...