California Inflation Rate 2025. California will see another increase to its minimum wage on jan. California economic forecast — annual & quarterly;
On this date, the state minimum wage will increase from $16.00 per hour to $16.50 per hour. As for california’s employment, the unemployment rate for the fourth quarter of 2024 is expected to average 5.3%, while the averages for 2025 and 2026 are expected to be.