Job Market Monitor
Minimum wage
Working Poor for Washington / Workers Protest Taxpayer-Funded ‘Poverty Jobs’
Close to 100 cleaning and concessions contract workers from various federal facilities in Washington walked off their jobs and marched to the White House to protest what they called taxpayer-funded “poverty jobs” Continue reading
Minimum Wages Around The World
Out of the 20 or so countries listed on The Economist’s Big Mac Index (countries that also have minimum wages – Italy and Germany do not, for example) from 2012, the U.S. has the 7th highest minimum wage on an absolute basis, about the median number Continue reading
Australia / Minimum Wage at $16 (video)
Autralia – the minimum wage is 16$ Continue reading
US/ Minimum Wage / Available research finds “no evidence of a meaningful adverse employment effect” – Council of Economic Advisers
A meta-analysis by Doucouliagos and Stanley (2009) of 64 studies on the minimum wage published between 1972 and 2007, encompassing over 1,000 estimates, finds that most estimates are concentrated around zero, indicating no detectable effect (see figure). The authors conclude that the available research finds “no evidence of a meaningful adverse employment effect” of the … Continue reading
President Obama / Call for a Living Wage
“And now is the time to make sure that we are putting in place a minimum wage that you can live on — (applause) — because 60 percent of those making the minimum wage are women.” President Obama’s call for the minimum wage to be increased to a living wage was very important. The living … Continue reading
US / Closing the Gender Wage Gap by Raising the Minimum Wage
Women working full time, year round typically make only 77 percent of what their male counterparts make – leaving a wage gap of 23 cents on the dollar. One reason for this gap is that women are concentrated in low-wage jobs: two-thirds of minimum wage workers and workers in tipped occupations are women, disproportionately women … Continue reading
Australia / Minimum wage to rise by $15.80 a week
Australia’s 1.5 million lowest-paid workers will get a modest $15.80 a week pay rise that has pleased no one. Business groups and unions say the increase is a blow to small and medium-sized businesses and workers alike, with the ACTU saying it amounts to $1.80 a day or a loaf of bread. The Fair Work … Continue reading
South Africa / Minimum Wage / 1 988 farmers seek exemption
Nearly 2 000 farmers, many from the Western Cape, have applied for exemption from the minimum wage for farm workers. Labour Minister Mildred Olifant told a press briefing on Thursday, following her department’s budget vote speech, that 1 988 farmers had applied for exemption from the new R105-a-day wage included in the sectoral determination for … Continue reading
Namibia / Union Urges Companies to Pay Minimum Wage
THE Metal and Allied Namibian Workers Union (Manwu) has urged the construction employers, especially in the north, to immediately comply with the implementation of minimum wages. The call was made by Manwu general secretary Justina Jonas at a press conference at Ongwediva yesterday. According to Jonas, Manwu has noted that there are many construction projects … Continue reading
Australia / Unions call for minimum wage rise
Unions have called for a $30 weekly pay rise for minimum wage workers, but a business group is calling the proposal reckless. The Fair Work Commission (FWC) is hearing final submissions for its annual minimum wage deliberations in Melbourne on Tuesday. ACTU President Ged Kearney has called for a $30-a-week minimum wage hike. The proposal … Continue reading
Low-Wage / Wal-Mart vs. the Feds: Who’s the King?
The federal government is better at creating low-paying jobs than Wal-Mart and McDonald’s combined, according to a new report. A study released earlier this month from the public policy group Demos states that through various forms of government funding in the private sector, nearly two million people are making $12 an hour or less. The … Continue reading
US / The majority of lowest-paid workers are employed by large corporations
The majority of America’s lowest-paid workers are employed by large corporations, not small businesses, and that most of the largest low-wage employers have recovered from the recession and are in a strong financial position. Specifically: * The majority (66 percent) of low-wage workers are not employed by small businesses, but rather by large corporations with … Continue reading
Vietnam / Minimum wage needs to be increased
For decades Vietnam has failed to set a minimum wage that provides enough for people to live on, officials said at a meeting Friday. Vietnam’s minimum wage only meets between 50 and 70 percent of the cost of people’s basic needs, officials said at the conference held by the National Assembly’s Social Issues Committee to … Continue reading
It is Time to Upgrade America’s Miserly Minimum Wage writes Ralph Nader
America’s highest-paid CEO last year, John Hammergren of McKesson Corp. received compensation of over $131 million. That is the equivalent of about $63,000 per hour, or $10,000 more than the annual median household income in the United States. Meanwhile, some of this country’s lowest-paid workers—those on minimum wage—made just $15,080 annually at $7.25 per hour. … Continue reading
UK / Minimum wage does not keep up with the cost of living
The National Minimum Wage Act 1998 was one of the flagship policies of Tony Blair’s newly elected Labour government. From April 1999, every worker over the age of 22 was legally entitled to at least £3.60 an hour. In 2010, it began to apply to employees aged 21 and over. For the first nine years … Continue reading
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