Minimum wage

This tag is associated with 205 posts

Minimum Wage Earners in US – Who are they ?

All the statistics here apply to those who would be affected by the proposed increase to raise the federal minimum wage from $7.25 to $10.10. The analysis also includes a number of workers making slightly above $10.10, who, history suggests, would receive a raise if the minimum wage were increased. Minimum-wage workers are older than … Continue reading

The Economics of Minimum Wages – There has been a large shift in the weight of academic opinion

A generation ago, the vast majority of economists would have said that a rise in the minimum wage inevitably costs jobs. This has changed, with two strands of research having the biggest impact. In the United States, the work of David Card and Alan Krueger, then both at Princeton University, shattered the cosy consensus and argued that the actual evidence linking the minimum wage … Continue reading

US – Fast-food workers walking off their jobs in 150 cities

Fast-food workers are expected to walk off their jobs in 150 cities from Oakland to Orlando. The protests will be a first for fast-food workers in Miami, Orlando, Philadelphia and Sacramento.  The events are intended to publicize the employees’ demand for a $15-an-hour wage. The median pay nationwide for fast-food restaurant workers is $8.69 an … Continue reading

Minimum Wage Increase in US – Would benefit 4.7 million moms and 2.6 million, working dads finds EPI

About 22 million moms are working in the United States today. Over one-fifth of all working moms would get a raise if we increased the minimum wage to $10.10. That’s 4.7 million moms and their families who would see an increase in wages with that modest minimum wage increase. And, not to be left out, 11.6 … Continue reading

Minimum Wage in Pennsylvania – More than a million would benefit from an increase

The impact of a minimum-wage hike in Pennsylvania would benefit more than 1 million workers from all areas of the state, according to a new report from the Keystone Research Center. KRC Labor Economist Mark Price co-authored the study. He says boosting the state’s minimum wage to $10.10 an hour by 2016 would have a … Continue reading

Philippine – The minimum wage under the Aquino administration (Infographic)

While the Department of Labor and Employment (DOLE) has hiked wages annually, the yearly increase only came in measly P20 increments. As a result, the minimum wage in the National Capital Region only rose by 4.87 percent on average each year. Several labor groups have repeatedly called on the President to approve an across-the-board nationwide … Continue reading

US – Is The White House Consistent on Minimum Wage and Interns Pay?

Even as it pushes Congress to raise the minimum wage to $10.10 per hour, the Obama administration is resisting calls to pay interns who serve in the White House.  The White House declined multiple opportunities to comment on whether it would rethink its position on not compensating the roughly 300 interns who work there each … Continue reading

A Million Veterans Would Benefit from a Minimum Wage Increase

We ask a lot of our armed forces. They serve our country in some of the most dangerous environments and difficult situations faced by any American. Yet having endured those experiences, too many veterans returning to civilian jobs find themselves in work that barely pays enough to live on. In fact, of the roughly 10 … Continue reading

Minimum wages in US – Some States act (A map)

Odds remain low that Congress will raise the $7.25 federal minimum wage anytime soon. But the issue will be revisited in coming days as the Senate takes up a bill to increase it to $10.10 an hour. And President Obama and congressional Democrats plan to push the issue on the campaign trail ahead of the … Continue reading

Germany – Introducing a national minimum wage

Germany‘s coalition government agreed Wednesday to introduce a national minimum wage of 8.5 euros (11.72 dollars) an hour from January next year, despite strong opposition from the business sector.  Legislation for the minimum is expected to be passed by parliament by July. “It will represent more social justice in our country,” said Labour Minister Andrea … Continue reading

US – 260,000 graduates in minimum wage jobs

About 260,000 people who had a college or professional degree made at or below the federal minimum wage of $7.25 per hour last year, according to the Bureau of Labor Statistics.  Things may be looking up a little, though — it’s the smallest number since 2008. The worst year was 2010, when the number skyrocketed … Continue reading

Low-Wage Workers and Poverty in US – Harder to Escape

Climbing above the poverty line has become more daunting in recent years, as the composition of the nation’s low-wage work force has been transformed by the Great Recession, shifting demographics and  other factors. More than half of those who make $9 or less an hour are 25 or older, while the proportion who are teenagers … Continue reading

Minimum Wage and Poverty in US – The income boost would be less than $1.00 for each $1.00 increase in gross earnings writes Congressional Research Service

Pending before Congress is legislation (S. 1737 and H.R. 1010) that would raise the federal minimum wage from its current $7.25 per hour to, ultimately, $10.10 per hour. The minimum wage would be adjusted for inflation thereafter. Whether the minimum wage or alternative policies, namely government-funded earnings supplements such as the Earned Income Tax Credit … Continue reading

Minimum wage in US – Over 500 economists sign a petition to the President against an increase

The “recovery” from the Great Recession has been anemic. Business growth, job creation, and consumer spending remain tenuous. Since the official trough in June 2009, median income has fallen, real wages have barely risen, unemployment remains elevated, and because so many Americans have left the workforce entirely, the fraction of the population working is below … Continue reading

Minimum Wage in US / Much of the empirical evidence suggests that it fails to alleviate net poverty says CATO

Numerous empirical studies have examined the effect of past minimum wage increases on poverty. In a 2007 peer-reviewed study, Richard Burkhauser of Cornell University and I examined Census data from 1979 to 2003 to estimate the effects of minimum wage increases on state poverty rates. We found no evidence that minimum wage increases were effective … Continue reading

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