In the News

US / Minimum wages raises will benefit nearly 1 million workers in 10 States reports National Employment Law Project

The minimum wage will increase in ten states on Jan. 1, modestly boosting the incomes of nearly one million low-paid workers in Arizona, Colorado, Florida, Missouri, Montana, Ohio, Oregon, Rhode Island, Vermont, and Washington. The state minimum wage rates will rise between 10 and 35 cents per hour, resulting in
an extra $190 to $510 per year for the average directly-affected worker. Rhode Island’s minimum wage will rise as a result of a law signed by Gov. Lincoln Chafee in June; the remaining nine states will raise their minimum wages in accordance with state laws requiring automatic annual adjustments to keep pace with the rising cost of living.

The increased consumer spending generated by these minimum wage increases will boost GDP by over $183 million, according to an analysis by the Economic Policy Institute. While weak consumer demand continues to hold back business expansion, raising the minimum wage puts more money in the pockets of low-wage workers
who often have no choice but to immediately spend their increased earnings on basic expenses.

“We need policies that make sure workers earn wages that will at the very least support their basic needs,” said Christine Owens, executive director of the National Employment Law Project. “But earning an income that meets basic needs shouldn’t depend on the state where a working family lives. We need to raise and index the
federal minimum wage to help all of America’s workers. ”

FireShot Screen Capture #114 - 'www_nelp_org_page_-_rtmw_uploads_January-1st-Minimum-Wage-Increases-Economic-Impact_pdf_nocdn=1' - www_nelp_org_page_-_rtmw_uploads_January-1st-Minimum-Wage-Increases-Economic-Impact

Choosen excerpts by Job Market Monitor from
FireShot Screen Capture #115 - 'www_nelp_org_page_-_Press Releases_2012_PR-Minimum-Wage-State-Increases-New-Years-National_pdf_nocdn=1' - www_nelp_org_page_-_Press%20Releases_2012_PR-Minimum-Wage-State-Increases-New-Ye

Source: 10 States to Increase Minimum Wage on New Year’s Day

Related posts

Moderate minimum wages can do more good than harm writes The Economist

POSTED BY  ⋅ NOVEMBER 23, 2012 ⋅ 9 COMMENTS

MINIMUM-WAGE laws have a long history and enduring political appeal. New Zealand pioneered the first national pay floor in 1894. America’s federal minimum wage dates from 1938. Most countries now have a statutory pay floor—and the ranks are still swelling. Even Germany, one of the few big countries without, may at last introduce a national … Continue reading »

Minimum Wage – The Debate in Video

POSTED BY  ⋅ NOVEMBER 21, 2012 ⋅ 3 COMMENTS

Raising the minimum wage would be good for our economy

POSTED BY  ⋅ JUNE 20, 2012 ⋅ 2 COMMENTS

A higher minimum wage not only boosts workers’ incomes—something that is sorely needed to boost demand and get the economy going—but it also reduces turnover and shifts businesses toward a high-road, high-human-capital model. Still, some policymakers may be nervous about increasing the minimum wage while unemployment is so high. Yet, both the federal and states …Continue reading »

EU commission proposes ‘appropriate’ minimum wage

POSTED BY  ⋅ APRIL 18, 2012 ⋅ 4 COMMENTS

The European Commission on Wednesday (18 April) published an ideas paper to get Europe’s record number of unemployed into jobs and boost growth, including setting an appropriate minimum wage and shaming member states into improving work rates. A controversial suggestion is that member states should introduce an appropriate minimum wage. Most member states have … Continue reading »

U.S. | Due for a raise in the Minimum Wage

POSTED BY  ⋅ APRIL 17, 2012 ⋅ 3 COMMENTS

Here’s an unhappy observation about the minimum wage: Congress last increased the rate in stages in 2006, topping it out at $7.25 an hour in 2009, or $15,080 a year. That amount, when adjusted for inflation, is actually lower than what a minimum-wage worker earned in 1968 and is too meager to offer anyone the … Continue reading »

Minimum Wage | Options for a radical reform

POSTED BY  ⋅ APRIL 17, 2012 ⋅ 6 COMMENTS

Professor Alan Manning, Head of the Economics Department at the London School of Economics where he has taught since 1989, takes steps back from the current annual debate about the appropriate but small rise in the value of the minimum wage to ask a bolder question: are there more radical reforms of the minimum wage that … Continue reading »

Minimum Wage | Options for a radical reform

POSTED BY  ⋅ APRIL 17, 2012 ⋅ 6 COMMENTS

Professor Alan Manning, Head of the Economics Department at the London School of Economics where he has taught since 1989, takes steps back from the current annual debate about the appropriate but small rise in the value of the minimum wage to ask a bolder question: are there more radical reforms of the minimum wage that … Continue reading »

U.S. | Shares of Low-wage and low-income workers have grown over the last three decades

POSTED BY  ⋅ MAY 1, 2012 ⋅ 2 COMMENTS

Three decades of stagnating earnings for bottom deciles of male wage earners and 1990s anti-poverty policies promoting employment among poor single mothers suggest increases in the ranks of low-wage breadwinners living in low-income households. Low-wage workers often get few employer sponsored benefits, while antipoverty programs target poor non-earners; these factors suggest low-wage and low-income workers may be unprotected … Continue reading »

 

 

 

Discussion

13 thoughts on “US / Minimum wages raises will benefit nearly 1 million workers in 10 States reports National Employment Law Project

  1. Such informational post, thanks for sharing. Keep posting

    Posted by Earl | March 26, 2020, 5:10 am

Trackbacks/Pingbacks

  1. Pingback: US / Minimum wages raises will benefit nearly 1 million workers in 10 States reports National Employment Law Project « marikhalid - December 21, 2012

  2. Pingback: US / Top Miminum Wage will rise by 1.2 Big Mac per week to $10.55 « Job Market Monitor - December 31, 2012

  3. Pingback: Thailand / Minimum Wage / Smaller industries soon to be shaken says Federation of Thai Industries « Job Market Monitor - January 2, 2013

  4. Pingback: US / Five states without a state-set minimum wage, Louisiana is one of them « Job Market Monitor - January 7, 2013

  5. Pingback: Rwanda / Minimum Wage / Survey commissioned to set new rate « Job Market Monitor - January 14, 2013

  6. Pingback: Minesota / Debate touches on pros and cons of raising state minimum wage « Job Market Monitor - January 21, 2013

  7. Pingback: A lower minimum wage for trainees in Washington state ? « Job Market Monitor - January 31, 2013

  8. Pingback: US vs OECD / Minimum Wage Is Relatively Low « Job Market Monitor - February 15, 2013

  9. Pingback: US / Raising That Minimum Wage: Surprisingly a good policy says Krugman « Job Market Monitor - February 18, 2013

  10. Pingback: The Minimum Wage when Employers Have Market Power « Job Market Monitor - February 18, 2013

  11. Pingback: US / Minimum Wage Earners / None working 40 hours a week can afford rent « Job Market Monitor - February 19, 2013

  12. Pingback: The Economics of Minimum Wages – There has been a large shift in the weight of academic opinion | Job Market Monitor - May 20, 2014

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Jobs – Offres d’emploi – US & Canada (Eng. & Fr.)

The Most Popular Job Search Tools

Even More Objectives Statements to customize

Cover Letters – Tools, Tips and Free Cover Letter Templates for Microsoft Office

Follow Job Market Monitor on WordPress.com

Enter your email address to follow this blog and receive notifications of new posts by email.

Follow Job Market Monitor via Twitter

Categories

Archives

%d bloggers like this: