LA delays $30 'Olympic wage' until after games as hotel owners warn of layoffs, economic fallout 60.3%
Fox Business - By Amanda Macias - 6/28/2026, 11:54 AM
Framing Effect 21.9% - Negativity Bias 21.4% - Pessimism Bias 20.7%
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... more