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Economy
California’s $15 Minimum Wage Ends Apparel Industry Revival
2016-04-20
[BREITBART] The first accomplishment of Caliphornia, an impregnable bastion of the Democratic Party,’s pioneering $15 minimum wage law is killing the revival of America’s clothing industry.

American Apparel, which provided 10 percent of all apparel manufacturing jobs in Los Angeles, has terminated 500 employees in the last two weeks. Chief Executive Paula Schneider also told the Los Angeles Times that "manufacturing of more complicated pieces, such as jeans, could soon be outsourced to a third-party company."

The company did not tie the announcement directly to California Governor Jerry Governor Moonbeam Brown
... those who ignore history are bound to repeat it ...
signing of the nation’s first statewide $15 minimum wage on April 4. But the layoffs started shortly almost immediately after Brown’s action, and were announced on April 14 as labor organizers filled Los Angeles streets with fast-food workers set to strike, supported by unionized home-care and child-care workers.

Lloyd Greif, Chief Executive of Los Angeles investment banking firm Greif & Co. told LA Times, "They’re headed out of Dodge." He added, "They are going to outsource all garments. It’s only a matter of time."

At the turn of the 21st Century, Los Angeles County was the "rag trade" capital of America. With 4,000 active apparel-making sites employing almost 90,000 workers, the Los Angeles area was over twice the size of the rag trade in the New York region.

Apparel-making got cut in half over the next decade, as Chinese and Asian imports coming through Los Angeles ports sky-rocketed to $46 billion. The number of local apparel-making sites fell to 2,200 and local industry jobs shriveled to 46,000.
Posted by:Fred

#11  Rambler, you shouldn't be setting wages. That is the job of our commie government now.
Posted by: Ho Chi Crinens5363    2016-04-20 22:02  

#10  I don't see why they are satisfied with only $15/hour. Why not make it $100/hr. That way, everyone would make a $200000 per year, and be rich.
Posted by: Rambler in Virginia    2016-04-20 21:05  

#9  Liberal university adopts $15 minimum wage; this happens IMMEDIATELY
Posted by: Blossom Unains5562   2016-04-20 20:54  

#8  Hipsters wearing American Apparel champion $15 minimum wage and lose their shirts.
Posted by: swksvolFF   2016-04-20 20:08  

#7  Sad thing is, he IS the adult in the room among California Democrats. Gavin Newsome is a f*cking disaster as is Kamala Harris.

We're screwed
Posted by: Frank G   2016-04-20 19:26  

#6  Can't imagine any of his Donkeycrat successors doing any better either.
Posted by: Ebbang Uluque6305   2016-04-20 18:57  

#5  Moonbeam may drift in and out of relevancy but unfortunately for California he himself is still very relevant.
Posted by: Ebbang Uluque6305   2016-04-20 18:56  

#4  Maybe they can find jobs on the high-speed rail project, its going to really make Caliphornia better, oh and the new water project, yeah, another great idea.
Sadly, I had occasion to actually be in closed door meetings with Governor Brown, and his wife Ann, and she literally had, on several occasions, to inject herself in the discussion to bring him back on topic after he drifted into irrelevance.
Posted by: NoMoreBS   2016-04-20 17:08  

#3  Oh well. LA has always been a little too crowded anyway.
Posted by: Ebbang Uluque6305   2016-04-20 12:46  

#2  Narrative trumps cause and effect in the Peoples Democratic Republic of North Korea California.
Posted by: Procopius2k   2016-04-20 09:06  

#1  Cause meet Effect.
Posted by: Ulinesh Hapsburg2056   2016-04-20 08:10  

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