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AECOM analysis shows livable‑wage paths raise earnings in Broomfield but carry trade‑offs; council weighs outreach and timing
Summary
Consultants from AECOM presented a three‑scenario analysis showing that a $25 livable‑wage target would raise earnings for many workers but could require trade‑offs; council members asked for more outreach and additional analysis rather than taking immediate legislative action.
Consultants from AECOM on Monday presented a three‑scenario analysis of local minimum‑wage and livable‑wage options for Broomfield, showing sizable gains in earnings for many workers under a $25 self‑sufficiency target by 2030, while also estimating limited overall employment effects that would vary by sector.
Chris Brewer, AECOM principal, and Christina Biedney, AECOM economist, briefed council on results that the firm said are intended to be illustrative rather than prescriptive. The city’s presentation framed the study as a response to council direction given at a 2024 focus session to explore livable‑wage options distinct from state or broader regional efforts.
Key findings
- Worker impacts: Under the study’s baseline (status quo) scenario — Broomfield following Colorado’s statutory minimum with inflation adjustments — fewer than 200 workers would be directly or potentially affected by minimum‑wage changes by 2030. Under a “moderate growth” schedule the analysis estimates roughly 5,000 directly or potentially affected workers. Under a self‑sufficiency or livable‑wage scenario that…
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