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For example, they look at the 1992 increase in New Jersey's minimum wage, the 1988 rise in California's minimum wage, and the 1990–91 increases in the federal minimum wage. In addition to their own findings, they reanalyzed earlier studies with updated data, generally finding that the older results of a negative employment effect did not hold ...
The minimum wage in the United States hasn’t budged in 11 years. President Donald Trump asserted that increasing the minimum wage would crush small businesses, many of which are already ...
Rachel Greszler from the conservative Heritage Foundation writes that low wage-workers and the economy at large are hurt more than helped by upping the minimum wage.
An increase in the minimum wage is a form of redistribution from higher-income persons (business owners or "capital") to lower income persons (workers or "labor") and therefore should reduce income inequality. The CBO estimated in February 2014 that raising the minimum wage under either scenario described above would improve income inequality.
The Fair Minimum Wage Act of 2007 [3] is a US Act of Congress that amended the Fair Labor Standards Act of 1938 to gradually raise the federal minimum wage from $5.15 per hour to $7.25 per hour. It was signed into law on May 25, 2007 as part of the U.S. Troop Readiness, Veterans' Care, Katrina Recovery, and Iraq Accountability Appropriations ...
Americans have been fighting for a minimum wage increase for quite some time now. Skip to main content. News. 24/7 help. For premium support please call: 800-290-4726 more ways ...
Seattle's minimum wage for large employers was raised to $15.45 in 2018 and $16 in 2019. Studies of Seattle's workforce have shown no decline in employment and tangible benefits for workers. [77] The Fight for $15 movement has succeeded in several states and cities in raising the minimum wage to $15 or more per hour.
In the United States workers generally must be paid no less than the statutory minimum wage.As of July 2009, the federal government mandates a nationwide minimum wage level of $7.25 per hour, while some states and municipalities have set minimum wage levels higher than the federal level, with the highest state minimum wage being $9.47 per hour in Washington as of January 1, 2015. [5]