Minimum wage

This tag is associated with 197 posts

Minimum Wage in Ontario – Low-income Individuals and Families Tax (LIFT) credit will provide fewer benefits to Ontarians than cancelled minimum wage increase

Peter Weltman, Financial Accountability Officer of Ontario, has just released a commentary Comparing the LIFT Credit to a Minimum Wage Increase. “The LIFT credit will provide fewer benefits to minimum wage workers than increasing the minimum wage from $14 per hour to $15 per hour,” says Weltman. The Province introduced the LIFT credit to provide … Continue reading

Minimum Wage in UK – National Living Wage (NLW) at 60 per cent of median earnings by October 2020

This Monday, the 1st April, 2 million people working minimum-wage jobs will start the week with a pay rise. The National Living Wage (NLW), the rate that applies to 25+ year olds, will rise by 38p, from £7.83 to £8.21. We project that this will increase the number of people paid at the wage floor … Continue reading

Minimum Wage In Seattle – Increases labor costs, mildly reduces demand for low-wage jobs, but doesn’t increase prices

In this paper we revisit the question of how businesses respond to the minimum wage using evidence from a large minimum wage hike in Seattle. In 2014 the City of Seattle passed the Minimum Wage Ordinance, which raised the minimum wage to $15 over several years. We examine the minimum wage effect during the first … Continue reading

Minimum Wages in US – Three conclusions on the impacts

Minimum wages have been studied so extensively that it is rare to find a fresh angle that piques labor economists’ interest. Despite a mountain of literature, advances in empirical methods, and the availability of new data, definitive studies are scarcer than policymakers would hope to find. The empirical challenges researchers of the minimum wage face … Continue reading

Minimum Wage in Ireland – A negative and statistically significant effect on the hours worked

On 1 January 2016, the Irish minimum wage (MW) increased from €8.65 to €9.15 per hour, an increase of approximately 6 per cent. Using data from the Quarterly National Household Survey (QNHS) for the years 2015 and 2016, we estimate the effect of the increase in the minimum wage on the hours worked and likelihood … Continue reading

Their Minimum Wage in US, 2019 – Many States and Cities raise it

The federal minimum wage has been $7.25 for a decade, but many states have a higher rate and some wage hikes will take effect this year. We’ve rounded up the latest news on what employers need to know for 2019. Here are SHRM Online resources and news articles from other trusted media outlets. Nineteen states increased their … Continue reading

Minimum Wage in in South Africa – A bill is passed setting it at 20 rand an hour, about $1.45

On Monday, South African President Cyril Ramaphosa signed a national minimum wage bill into law. The National Minimum Wage Act sets minimum wage at 20 rand an hour (about $1.45 an hour). South Africa’s average household net-adjusted disposable income per capita is currently about $10,872. Proponents of the bill have touted benefits this move will … Continue reading

Minimum Wage Increases in Seattles – The increase from $9.47 to $13 per hour raised earnings by an average of $8-$12 per week

Using administrative employment data from the state of Washington, we use short-duration longitudinal panels to study the impact of Seattle’s minimum wage ordinance on individuals employed in low-wage jobs immediately before a wage increase. We draw counterfactual observations using nearest-neighbor matching and derive effect estimates by comparing the “treated” cohort to a placebo cohort drawn … Continue reading

Minimum Wages Impacts on Pay Gender Gap – A significant reduction in Ireland but not in UK

Women are disproportionately in low paid work compared to men so, in the absence of rationing effects on their employment, they should benefit the most from minimum wage policies. This study examines the change in the gender wage gap around the introduction of minimum wages in Ireland and the United Kingdom. Using survey data for … Continue reading

Minimum wage in South Africa – Not a living wage

On Wednesday, the South African Federation of Trade Unions (SAFTU)—which represents 30 unions with around 800,000 members—organized marches in six South African cities with thousands of participants protesting the government’s proposed minimum wage legislation. The current minimum wage proposal, which was approved by the cabinet in November 2017, calls for a 20 rand (R) ($1.60) … Continue reading

Automation and Minimum Wage in US – Some groups typically ignored in the minimum wage literature are in fact quite vulnerable to job loss

For decades, economists have studied the effects of the minimum wage on employees in the United States. These studies have largely focused on the employment effects for low- skilled workers – with the principal focus on teenagers. Overall, there is some controversy regarding whether disemployment effects exist, with some studies finding no effects,although with more … Continue reading

Minimum Wage in US – This week marks the eighth anniversary of the last time the federal minimum wage was raised

This week marks the eighth anniversary of the last time the federal minimum wage was raised, from $6.55 to $7.25 on July 24, 2009. Since then, the purchasing power of the federal minimum wage has fallen by 12.5 percent as inflation has slowly eroded its value. However, this decline in the buying power of the … Continue reading

Seattle’s Minimum Wage – The study from the Center on Wage and Employment Dynamics (CWED) at UC Berkeley’s Institute for Research on Labor and Employment

This brief on Seattle’s minimum wage experience represents the first in a series that CWED will be issuing on the effects of the current wave of minimum wage policies–those that range from $12 to $15. Upcoming CWED reports will present similar studies of Chicago, Oakland, San Francisco, San Jose and New York City, among others. The … Continue reading

Seattle’s Minimum Wage – Costing jobs research finds

The city’s escalating minimum wage has meant a slight increase in pay among workers earning up to $19 per hour, but the hours worked in such jobs have shrunk, a study commissioned by the city found. It estimates there would be 5,000 more such jobs without the Seattle law. The UW team published its first … Continue reading

Minimum Wages in US – No effect on prices of changes similar to those observed historically research finds

Minimum wage policy attracts an enormous amount of attention in the United States. Between January 2014 and July 2015, the effective minimum wage in- creased in 26 states, and as of January 2015, 75% of Americans supported an increase in the federal minimum wage to over twelve dollars per hour. Researchers have responded to this … Continue reading

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