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If it were, why shouldn't Vance want a $100 per hour minimum wage? Meanwhile, Vance is worried about that same guy being replaced by a different worker who is willing to do the same job for $15 ...
The pandemic has lead to increased recognition on frontline workers, fueling the pressure to wage raises for the lowest-earners. Where the fight for a $15 minimum wage goes from here Skip to main ...
In their initial ruling, justices wrote the tipped minimum wage will reach 100% of the minimum wage in 2029, after being 80% of the standard minimum wage in 2028. They amended that scale in their ...
[5] Motivated by the impending ballot measure and pressure from labor unions and the restaurant industry, she proposed a compromise piece of legislation that would increase the standard minimum wage from $10.50 per hour to $15 per hour, but allow the tipped minimum wage to remain, albeit substantially increased from $2.77 per hour.
A common argument against raising the minimum wage in restaurants to $15 is that it could cause cuts to employee hours, as well as potential layoffs or restaurant closures. [ 58 ] Waiters, bartenders, and other food service workers who primarily work for tips may utilize the federal tipped minimum wage, which is currently $2.13 an hour.
The focus of the policy debate, according to Card, should be the distributional effects of minimum wage, how minimum wage influences wage inequality, which the findings present suggest that it will counteract the growth experienced in the 1980s. [29]
Businesses in several states and cities across America will see their minimum wage rate increase as of July 1.
If there's a discrepancy between the state and federal minimum wages, the higher wage takes precedence. As of August 2022, 30 states had a minimum wage higher than the federal minimum. [88] The minimum wage reduces inequality, particularly among the lowest earners (Engelhardt & Purcell, 2021; [89] Autor & Smith, 2016 [90]).