Some of the first bills introduced at the Minnesota Legislature this year would raise the state’s minimum wage, which has not increased since 2005.
The federal standard of $7.25 an hour applies to people who work for large companies or companies that engage in interstate commerce. The state minimum wage for the smallest businesses is $5.25 an hour.
The bills being considered would raise the minimum wage and include a mechanism that would keep the wage rising with inflation each year.
Two experts joined a discussion with Cathy Wurzer on “Morning Edition” about the pros and cons of raising the state minimum wage: Kris Jacobs, the executive director of the JOBS NOW Coalition, who supports the idea; and Mike Hickey, the Minnesota state director of the National Federation of Independent Business. He opposes raising the minimum wage.
Choosen adapted excerpts by Job Market Monitor from
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On Jan. 5, 1914, Henry Ford announced a series of work reforms and special payments for Ford Motor Co. employees that included a $5 per day minimum wage, at a time when the average pay for American workers was $12.50 a week. Ford also announced that its factories would run continuously, up from 18 hours … Continue reading »
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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 … Continue reading »