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A new EPI report finds that a $15 federal minimum wage by 2025 would raise pay for one-half of direct care workers who provide long-term services and support (LTSS), or 1.9 million workers. The vast majority (90.7%) of LTSS direct care workers who would get a raise are women, and half (50.0%) are Black, Hispanic, […]
Continue reading …By Ben Zipperer, Working Economics Blog, Economic Policy Institute After the longest period in history without an increase, the federal minimum wage today is worth 21% less than 12 years ago — and 34% less than in 1968. Saturday marked 12 years since the last federal minimum wage increase on July 24, 2009, the longest […]
Continue reading …The 2020 bonus pool for 182,100 securities industry employees could pay for more than 1 million jobs at a $15 minimum wage for a year. March 29, 2021By Sarah Anderson Originally in Inequality.org While low-wage workers are still waiting for a raise in the minimum wage, Wall Street employees enjoyed a 10 percent bump in […]
Continue reading …A presidential executive order will do for hundreds of thousands of federal contractors what he has been unable to do on a broader basis for American workers.
Continue reading …The Senate parliamentarian is readying a decision about whether the provision, which some Democratic lawmakers dispute, can remain in the coronavirus relief package.
Continue reading …Department of Labor Secretary Alex Acosta’s resignation July 12 preceded a busy week for the federal government, including House bills repealing the so-called “Cadillac tax” and pushing a $15 minimum wage by 2025.
Continue reading …Raising the federal minimum wage to $15 per hour would raise pay for 27 million workers but also lead to over 1 million job losses, according to Congressional Budget Office (CBO) projections.
Continue reading …The U.S. House of Representatives, where Democrats hold sway, may vote as early as August on a measure that would more than double the federal minimum wage to $15 an hour.
Continue reading …When Walmart’s top executive urged Congress to boost the federal minimum wage to $15 an hour nationwide, it added fuel to an already contentious debate. Supporters of a $15 wage say it’s good for workers and for businesses, which benefit from having less turnover. Opponents say that while big corporations can afford to hike entry-level workers’ pay, their smaller competitors might not be able to do so and stay in business.
Continue reading …The Connecticut Legislature recently passed a bill to incrementally raise the state minimum wage to $15 an hour by 2023. Gov. Ned Lamont has pledged to sign the bill, which would make Connecticut the seventh state to phase-in a $15 an hour wage hike.
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