The last arguments against raising the minimum wage are gone

11 years, 1 month ago

The last arguments against raising the minimum wage are gone

In a sensible world, the newest government study of the economic effects of raising the minimum wage to $10.10 an hour would end the discussion. “Our view is that ‘zero’ is a perfectly reasonable estimate of the impact of the minimum wage on employment,” Jason Furman, the White House’s chief economist, said during a conference call with reporters, citing several economic papers. But the CBO report makes clear that even with a job loss of 500,000 -- in fact, even with 1 million -- the raise to $10.10 is distinctly a net plus to the economy. The report also shows that even a raise to $10.10 an hour would leave the U.S. minimum wage lower -- in real, inflation-adjusted terms -- than it was in 1975.

Job Furman Minimum Wage Cbo

Trump Revokes Minimum Wage Raise For Federal Contractors

3 weeks, 6 days ago

Trump Revokes Minimum Wage Raise For Federal Contractors

Trump

Trump nixes $17.75 minimum wage for federal contractors adopted by Biden

4 weeks ago

Trump nixes $17.75 minimum wage for federal contractors adopted by Biden

Hindustan Times

Trump

Trump's billionaire Treasury chief nominee says minimum wage should stay at $7.25 per hour

2 months, 4 weeks ago

Trump's billionaire Treasury chief nominee says minimum wage should stay at $7.25 per hour

Trump

Workers in these states just got a pay raise

3 months, 1 week ago

Workers in these states just got a pay raise

California

21 states are getting minimum wage bumps in 2025

3 months, 2 weeks ago

21 states are getting minimum wage bumps in 2025

Workers

21 States To Raise Minimum Wage For 2025

3 months, 2 weeks ago

21 States To Raise Minimum Wage For 2025

States

Retail expert issues warning as nearly two dozen states hike minimum wages in 2025 - see the rate for all

4 months ago

Retail expert issues warning as nearly two dozen states hike minimum wages in 2025 - see the rate for all

Minimum Wages

Mexico raises its still-low minimum wage by 12%, but it marks no increase in dollar terms

4 months, 1 week ago

Mexico raises its still-low minimum wage by 12%, but it marks no increase in dollar terms

Associated Press

Minimum

Proposition 32 was just rejected. In blue California, why did the minimum-wage boost fail?

4 months, 3 weeks ago

Proposition 32 was just rejected. In blue California, why did the minimum-wage boost fail?

Workers

Soaring inflation helped lead Trump to victory – here’s why some of his policies might drive prices higher again

5 months ago

Soaring inflation helped lead Trump to victory – here’s why some of his policies might drive prices higher again

New Indian Express

Inflation

'Good one!' Trump ally chuckles as Dem strategist cracks McDonald's stunt jokes

5 months, 3 weeks ago

'Good one!' Trump ally chuckles as Dem strategist cracks McDonald's stunt jokes

Trump

Endorsement: Yes on Proposition 32. California’s minimum wage needs a boost

6 months, 1 week ago

Endorsement: Yes on Proposition 32. California’s minimum wage needs a boost

Minimum Wage

Editorial: The federal minimum wage of $7.25 an hour is poverty pay. It’s time to raise it

7 months, 1 week ago

Editorial: The federal minimum wage of $7.25 an hour is poverty pay. It’s time to raise it

Congress

Federal Minimum Wage Goes 15 Years Without An Increase

8 months, 3 weeks ago

Federal Minimum Wage Goes 15 Years Without An Increase

Congress

It has now been 15 years since the federal minimum wage rose to $7.25

8 months, 3 weeks ago

It has now been 15 years since the federal minimum wage rose to $7.25

Minimum Wages

The shocking state of the restaurant industry: ‘We can’t afford to be open. We can’t afford to be closed.’

11 months ago

The shocking state of the restaurant industry: ‘We can’t afford to be open. We can’t afford to be closed.’

Beach

How the ‘most successful economic policy in a generation’ lost its shine

1 year ago

How the ‘most successful economic policy in a generation’ lost its shine

Wage

Government pushes for minimum wage increase to keep pace with inflation

1 year ago

Government pushes for minimum wage increase to keep pace with inflation

Inflation

Will Labor's tax cuts be dragged into a minimum wage increase debate?

1 year, 2 months ago

Will Labor's tax cuts be dragged into a minimum wage increase debate?

Tax

Minimum Wage To Rise In 22 States On Jan. 1, 2024

1 year, 3 months ago

Minimum Wage To Rise In 22 States On Jan. 1, 2024

States

Minimum wage to rise to £11.44 in April next year

1 year, 4 months ago

Minimum wage to rise to £11.44 in April next year

The Independent

Minimum Wage

Truss-backed economists say minimum wage is ‘destroying jobs’ and call for cut

1 year, 5 months ago

Truss-backed economists say minimum wage is ‘destroying jobs’ and call for cut

The Independent

Growth

Pay rise comes for New Yorkers, but some chafe at compromise

1 year, 11 months ago

Pay rise comes for New Yorkers, but some chafe at compromise

Associated Press

Inflation

Push in states for $20 minimum wage as inflation persists

2 years ago

Push in states for $20 minimum wage as inflation persists

Associated Press

Food

WA workers on minimum wage to get 5.2 per cent pay rise to help with cost of living

2 years, 9 months ago

WA workers on minimum wage to get 5.2 per cent pay rise to help with cost of living

Costs

Who will benefit from a higher minimum wage? Women and younger workers

2 years, 9 months ago

Who will benefit from a higher minimum wage? Women and younger workers

Inflation

The minimum wage decision will be announced today. Will Prime Minister Albanese get his wish?

2 years, 10 months ago

The minimum wage decision will be announced today. Will Prime Minister Albanese get his wish?

Minimum Wages

Australian minimum wage increased by 5.2 per cent in Fair Work Commission decision

2 years, 10 months ago

Australian minimum wage increased by 5.2 per cent in Fair Work Commission decision

Labor

Lifting the minimum wage is anything but reckless — it’s what low earners need

2 years, 10 months ago

Lifting the minimum wage is anything but reckless — it’s what low earners need

Inflation

Wage debates and inflation are just the tip of what business want the new government to tackle

2 years, 10 months ago

Wage debates and inflation are just the tip of what business want the new government to tackle

Business

Inflation triggers California minimum wage increase in 2023

2 years, 11 months ago

Inflation triggers California minimum wage increase in 2023

Associated Press

Companies

Will lifting the minimum wage worsen inflation and raise interest rates?

2 years, 11 months ago

Will lifting the minimum wage worsen inflation and raise interest rates?

Workers

Restaurant paying living wage mocks hiring struggle claims: ‘It’s a cheap labour shortage’

3 years, 5 months ago

Restaurant paying living wage mocks hiring struggle claims: ‘It’s a cheap labour shortage’

The Independent

Employees

Minimum wage 2021: When will it go up?

3 years, 5 months ago

Minimum wage 2021: When will it go up?

The Independent

Brexit

‘An economy that works for all’: Calls to raise minimum tipped wage from $2.13 for first time since 1991

3 years, 10 months ago

‘An economy that works for all’: Calls to raise minimum tipped wage from $2.13 for first time since 1991

The Independent

Inside Washington

The real reason employers can’t hire enough workers (opinion)

3 years, 10 months ago

The real reason employers can’t hire enough workers (opinion)

Unemployment

McDonald’s raises minimum pay at corporate locations as workers in 15 cities plan strikes for $15 hourly wage

3 years, 11 months ago

McDonald’s raises minimum pay at corporate locations as workers in 15 cities plan strikes for $15 hourly wage

The Independent

Workers

Opinion: Black women delivered for Biden. Now it’s time for Congress to deliver on a $15 minimum wage

4 years ago

Opinion: Black women delivered for Biden. Now it’s time for Congress to deliver on a $15 minimum wage

Women

Minimum wage rises for two million lowest-paid workers – but thousands miss out

4 years ago

Minimum wage rises for two million lowest-paid workers – but thousands miss out

The Independent

Workers

Opinion: The first minimum wage and the battle for $15

4 years, 1 month ago

Opinion: The first minimum wage and the battle for $15

Labor

Senate rejects Bernie Sanders proposal for $15 minimum wage in coronavirus relief package

4 years, 1 month ago

Senate rejects Bernie Sanders proposal for $15 minimum wage in coronavirus relief package

The Independent

Independent

GOP senator rejects $15 minimum wage saying he once earned $6 an hour, or $23 with inflation

4 years, 1 month ago

GOP senator rejects $15 minimum wage saying he once earned $6 an hour, or $23 with inflation

The Independent

Inflation

Costco To Raise Minimum Wage To $16 An Hour: 'This Isn't Altruism'

4 years, 1 month ago

Costco To Raise Minimum Wage To $16 An Hour: 'This Isn't Altruism'

Congress

AOC calls Republicans’ $10 minimum wage pitch ‘legislated poverty

4 years, 1 month ago

AOC calls Republicans’ $10 minimum wage pitch ‘legislated poverty

The Independent

Poverty

Republican Senators Propose Raising Minimum Wage From $7.25 To $10

4 years, 1 month ago

Republican Senators Propose Raising Minimum Wage From $7.25 To $10

Immigration

Democrats Face Make-Or-Break Moment On Minimum Wage In Next COVID-19 Bill

4 years, 1 month ago

Democrats Face Make-Or-Break Moment On Minimum Wage In Next COVID-19 Bill

Support

$15 minimum wage debate: Everything you need to know

4 years, 1 month ago

$15 minimum wage debate: Everything you need to know

States

Minimum wage and inflation: These two charts show how much workers have fallen behind

4 years, 1 month ago

Minimum wage and inflation: These two charts show how much workers have fallen behind

Productivity

Biden's $15 wage proposal: Job killer or a boon for workers?

4 years, 1 month ago

Biden's $15 wage proposal: Job killer or a boon for workers?

The Independent

Jobs

What McDonald's Shows About The Minimum Wage

4 years, 1 month ago

What McDonald's Shows About The Minimum Wage

Restaurants

Discover Related

Job opportunities are shrinking and layoffs in the federal government just hit their highest level in four years

2 weeks ago

Job opportunities are shrinking and layoffs in the federal government just hit their highest level in four years

CNN — US employers pulled back on their hiring plans last month, while layoffs in the federal government spiked to their highest level in more than four years, new labor …

CNN

Labor Job Million Federal Layoffs

How a 'lost decade' of low wage growth stopped young Australians from buying homes

2 weeks, 2 days ago

How a 'lost decade' of low wage growth stopped young Australians from buying homes

They're calling it the "lost decade." "Data from Australia's major banks shows that the typical first home buyer is a couple in their mid-30s borrowing just under $500,000," says Emma …

ABC

Productivity Growth Housing Property

Three million workers will get a £1,400-a-year pay rise as Rachel Reeves confirms 6.7% hike in National Living Wage

2 weeks, 5 days ago

Three million workers will get a £1,400-a-year pay rise as Rachel Reeves confirms 6.7% hike in National Living Wage

Millions of workers will receive a £1,400-a-year boost to their pay from next week, Rachel Reeves confirmed today. The Chancellor revealed during her Budget in October that she would be …

Budget National Pay Cent

Japan's real wages drop 1.8 pct in January

1 month ago

Japan's real wages drop 1.8 pct in January

Xinhua | Updated: 2025-03-10 11:02 A man looks at a screen displaying the current Japanese Yen exchange rate against the US dollar outside a brokerage in Tokyo, Japan March 4, …

Japan Real Wages Wage Wage Growth

US jobs report: 151,000 new jobs added, unemployment rises to 4.1%

1 month, 1 week ago

US jobs report: 151,000 new jobs added, unemployment rises to 4.1%

WASHINGTON: U.S. employers added solid 151,000 jobs last month, but the outlook is cloudy as President Donald Trump threatens a trade war, purges the federal workforce and promises to deport …

House Month Federal Fed

Internet blames Trump for 'brutal' February jobs report: 'Harder to pin blame on Biden'

1 month, 1 week ago

Internet blames Trump for 'brutal' February jobs report: 'Harder to pin blame on Biden'

The February jobs report is showing the impact of the beginning of President Donald Trump's economy, and many aren't surprised to see the turn. "One worrying sign in February jobs …

Trump Biden Fed Jobs Report

US job growth slows in February; unemployment rate ticked up to 4.1% from 4.0%

1 month, 1 week ago

US job growth slows in February; unemployment rate ticked up to 4.1% from 4.0%

The US economy added 151,000 jobs in February, falling short of expectations, while the unemployment rate ticked up to 4.1% from 4.0%, according to the Labor Department's report released on …

Job Federal Rate Ticked

US Jobs Report: Employers added 151,000 jobs in February, unemployment rate up to 4.1%

1 month, 1 week ago

US Jobs Report: Employers added 151,000 jobs in February, unemployment rate up to 4.1%

US job growth steadied last month while the unemployment rate rose — a mixed snapshot of a job market hanging in the balance of quickly changing government policy. Here are …

Hindustan Times

Job Jobs Trump Unemployment

US added 151,000 jobs in February but sees unemployment tick up in first report of Trump’s new term

Trending 1 month, 1 week ago

US added 151,000 jobs in February but sees unemployment tick up in first report of Trump’s new term

The US added 151,000 jobs in February, while the unemployment rate edged up to 4.1 per cent from 4 per cent the month before in the first jobs report of …

Jobs Trump Unemployment Hill

Michigan Gov. Whitmer agrees to limit wages for tipped workers amid minimum wage hike

1 month, 3 weeks ago

Michigan Gov. Whitmer agrees to limit wages for tipped workers amid minimum wage hike

LANSING, Mich. — Minimum-wage workers in Michigan started getting a pay raise Friday as Democratic Gov. Although Friday’s minimum wage increase was already scheduled to take effect, enough Democrats agreed …

Associated Press

Court Workers Democrats Republican

US job market likely began the year strong, but faces cloudier future

2 months, 1 week ago

US job market likely began the year strong, but faces cloudier future

WASHINGTON — The U.S. labor market probably started 2025 the way it spent most of last year: Generating decent, but unspectacular, job growth. US job market likely began the year …

Hindustan Times

Labor Jobs Trump Job Market

US employers added 143,000 jobs in unspectacular January hiring and jobless rate fell to 4%

2 months, 1 week ago

US employers added 143,000 jobs in unspectacular January hiring and jobless rate fell to 4%

WASHINGTON — U.S. employers added just 143,000 jobs last month, but the unemployment rate fell to 4% to start 2025. A federal hiring freeze that Trump imposed Jan. 20 is …

Associated Press

Labor Job Jobs Trump

U.S. hiring cools in January; California’s outlook is dimmed by looming cuts in government and aid

2 months, 1 week ago

U.S. hiring cools in January; California’s outlook is dimmed by looming cuts in government and aid

U.S. job growth slowed at the start of the year, the government said Friday, as business services, manufacturing and other major industries held back on adding jobs amid increased uncertainty …

LA Times

Labor Job Employment Growth

Missouri GOP considers delaying voter-approved minimum wage hike and paid sick leave

2 months, 1 week ago

Missouri GOP considers delaying voter-approved minimum wage hike and paid sick leave

A bill changing the terms of the Missouri minimum wage law approved by voters four months ago will leave all the promised benefits in place but may delay their implementation, …

Business Minimum Wage Republican State

US biggest employer to cut hundreds of jobs and close major office

2 months, 1 week ago

US biggest employer to cut hundreds of jobs and close major office

Walmart is planning to cut hundreds of jobs and close its North Carolina office in an effort to bring workers back to its main hubs in Arkansas and California. Walmart …

Office Company Morris Walmart

Millions to get £1,400 pay rise with April in inflation-busting boost

2 months, 1 week ago

Millions to get £1,400 pay rise with April in inflation-busting boost

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email …

The Independent

Pay Living Wage Morning Headlines

Inflation falls back to 3.3% in January, new pay rises hit 4.5%

2 months, 1 week ago

Inflation falls back to 3.3% in January, new pay rises hit 4.5%

The annual rate of inflation fell to 3.3% in January, well down from the December figure of 4.1%, the national statistics agency CBS said on Monday. Wage rises Employers’ organisation …

Month

US weekly jobless claims at 11-month low amid labor market stability

3 months ago

US weekly jobless claims at 11-month low amid labor market stability

* Weekly jobless claims decline 10,000 to 201,000 * Continuing claims increase 33,000 to 1.867 million * Private payrolls rise by 122,000 jobs in December By Lucia Mutikani WASHINGTON, - …

Labor Market Labor Market Unemployment Rate

US applications for jobless claims fall to 201,000, lowest level in nearly a year

Trending 3 months ago

US applications for jobless claims fall to 201,000, lowest level in nearly a year

U.S. applications for unemployment benefits fell to their lowest level in nearly a year last week, pointing to a still healthy labor market with historically low layoffs. The Labor Department …

Associated Press

Job Unemployment Rate Fed

U.S. applications for jobless claims fall to 201,000, lowest level in nearly a year

3 months, 1 week ago

U.S. applications for jobless claims fall to 201,000, lowest level in nearly a year

A help wanted sign is displayed at a restaurant in Chicago on Nov. 25, 2024. U.S. applications for unemployment benefits fell to their lowest level in nearly a year last …

LA Times

Job Fed Rate

UK Taxes on Minimum Wage Work Nearly Double in a Decade

3 months, 1 week ago

UK Taxes on Minimum Wage Work Nearly Double in a Decade

-- Taxes on minimum wage jobs will have effectively doubled in just a decade after the Labour government’s increased payroll levy comes into effect, according to research by a conservative …

Tax Work Minimum Wage National Insurance

Tax and pay hikes to see firms pay £2,300 more per low-wage worker this year

3 months, 1 week ago

Tax and pay hikes to see firms pay £2,300 more per low-wage worker this year

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email …

The Independent

Insurance Tax Labour Budget

California's minimum wage soars in 2025: What workers need to know

3 months, 1 week ago

California's minimum wage soars in 2025: What workers need to know

Good news for workers in California: The state has introduced a significant increase in the minimum wage. While $16.50 is the new statewide minimum, many cities and counties across California …

Workers Minimum Wage California Minimum

US unemployment claims fall to 211,000, the lowest level since March

3 months, 1 week ago

US unemployment claims fall to 211,000, the lowest level since March

WASHINGTON — The number of Americans applying for unemployment checks dropped last week to the lowest level since March, suggesting that suggest most workers enjoy unusual job security. US unemployment …

Hindustan Times

Job Fed Rate Claims Numbers

US unemployment claims fall to 211,000, the lowest level since March

3 months, 1 week ago

US unemployment claims fall to 211,000, the lowest level since March

WASHINGTON — The number of Americans applying for unemployment checks dropped last week to the lowest level since March, suggesting that suggest most U.S. workers continue to enjoy unusually high …

Associated Press

Job Fed Rate Claims Fall

U.S. unemployment claims fall to 211,000, the lowest level since March

3 months, 1 week ago

U.S. unemployment claims fall to 211,000, the lowest level since March

Two economists called the unemployment drops “encouraging’’ but cautioned that seasonal adjustments around the holidays can throw off the numbers. The number of Americans applying for unemployment checks dropped last …

LA Times

Job Fed Rate

Dem suggests CNN reporter gets pay cut in tense exchange over Congress wage hikes

3 months, 3 weeks ago

Dem suggests CNN reporter gets pay cut in tense exchange over Congress wage hikes

One provision in the recently negotiated federal spending package is a proposed pay increase for members of Congress, which would be the first in over a decade. Rep. Jared Golden …

Congress Pay Cnn Raise

US Federal Reserve lowers rates by a quarter point, signals two cuts for 2025

3 months, 3 weeks ago

US Federal Reserve lowers rates by a quarter point, signals two cuts for 2025

Federal Reserve officials lowered their benchmark interest rate for a third consecutive time, but reined in the number of cuts they expect in 2025, signaling greater caution over how quickly …

Hindustan Times

Market Inflation Officials Federal

L.A. City Council backs $30 minimum wage for hotel and LAX workers in 2028

4 months ago

L.A. City Council backs $30 minimum wage for hotel and LAX workers in 2028

Wednesday’s minimum-wage vote delivered a huge victory to Unite Here Local 11, which represents thousands of hotel and restaurant workers. At hotels, housekeepers, desk clerks and other employees would see …

LA Times

Olympics Hotels Proposal Higher

US job data: These are the top hiring sectors as employers add 227,000 jobs in November

4 months, 1 week ago

US job data: These are the top hiring sectors as employers add 227,000 jobs in November

Amid fears of massive tariffs and inflation, November proved to be a strong month for job creation in the United States. Health Care, Hospitality, and Government: Top performing sectors The …

Hindustan Times

Job Treasury Fed Rate

Job openings rose while hiring dropped in October, labor report shows

4 months, 1 week ago

Job openings rose while hiring dropped in October, labor report shows

Job openings and resignations increased substantially in October while the number of hires and layoffs dropped, according to a Tuesday report from the Bureau of Labor Statistics that showed a …

Salon

Labor Job Market Job Openings

China and Russia lead wage recovery while rich economies lag behind, UN says

4 months, 2 weeks ago

China and Russia lead wage recovery while rich economies lag behind, UN says

Real wages are growing again as the rise in inflation abates, but remain below their prepandemic levels in many parts of the rich world even as they surge in China …

China Russia Wages Countries

Letters to the Editor: Higher minimum wage hurts the fast-food industry? Maybe that’s a good thing

4 months, 2 weeks ago

Letters to the Editor: Higher minimum wage hurts the fast-food industry? Maybe that’s a good thing

To the editor: I think it’s important to know that decades ago, there were far fewer fast-food restaurants than there are now. Now, there are an abundance of these places …

LA Times

Minimum Wage California

Big differences in wages between full-time and part-time minimum wage earners

4 months, 3 weeks ago

Big differences in wages between full-time and part-time minimum wage earners

Changes to tax policies in 2025 will lead to significant differences in how much minimum wage workers in the Netherlands benefit from salary increases, with full-time workers seeing much larger …

NL Times

Workers Increase Wage Earners Visma Raet

California voters reject measure that would have raised minimum wage to nation-high USD 18 per hour

4 months, 3 weeks ago

California voters reject measure that would have raised minimum wage to nation-high USD 18 per hour

Sacramento, Nov 20 Voters in California have rejected a ballot measure that would have raised the state minimum wage to USD 18 per hour by 2026, the highest in the …

Minimum Wage California Usd

California voters reject measure that would have raised minimum wage to nation-high $18 per hour

4 months, 3 weeks ago

California voters reject measure that would have raised minimum wage to nation-high $18 per hour

SACRAMENTO, Calif. — Voters in California have rejected a ballot measure that would have raised the state minimum wage to $18 per hour by 2026, the highest in the country. …

Associated Press

Minimum Wage California Hour Minimum

Judge blocks Biden administration's rule to expand overtime pay for millions

5 months ago

Judge blocks Biden administration's rule to expand overtime pay for millions

Judge blocks Biden administration's rule to expand overtime pay for millions toggle caption J. Scott Applewhite/AP NEW YORK — A federal judge in Texas has blocked a new rule from …

NPR

Labor Trump Workers Pay

Labor is cheering on wage rises, but if there's no rate cut, will voters even notice?

5 months ago

Labor is cheering on wage rises, but if there's no rate cut, will voters even notice?

Jim Chalmers' response to yesterday's wage figures was a bit like the figures themselves: broadly in line with expectations. It's the political "vomit principle": if you say something often enough …

ABC

Labor Inflation Wages Voters

As unemployment rises, Labour looks set to crash into a jobs problem. How will it respond?

5 months ago

As unemployment rises, Labour looks set to crash into a jobs problem. How will it respond?

Is Labour hurtling towards a jobs problem? The rate of unemployment among people aged 16 and above rose to 4.3 per cent over the July to September reporting period. Wage …

The Independent

Labour Number Cent Rate

Fact check: Are weekly wages in the US ‘lower than 50 years ago’?

5 months ago

Fact check: Are weekly wages in the US ‘lower than 50 years ago’?

Senator Bernie Sanders’s data relies on a blip in 1973. “It has to be put into an overall context where, in the last 50 years, if you could believe it, …

Inflation Data Price Wages

How tipping fared on the ballot this election — and what it means for diners and workers

5 months ago

How tipping fared on the ballot this election — and what it means for diners and workers

Most Americans feel like they’re being asked to tip now more than ever, studies show. Due to its prevalence in our everyday lives, it wasn’t surprising that tipping showed up …

Salon

Election Employees Restaurant Workers