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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 ...
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.
If the U.S. raised the minimum wage to $15 per hour by 2025, for example, the country would lift an estimated 900,000 people out of poverty and raise the income for 17 million employees (roughly 1 ...
Donald Trump is shaking things up again. This time, he's talking about raising the federal minimum wage. During a Sunday interview with NBC, Trump called the current rate of $7.25 per hour a "very ...
The federal minimum wage has been $7.25 since 2009. Overall prices have gone up roughly 47% since then.
The Fair Shot Minimum Wage Emergency Amendment Act of 2016 gradually increased both the standard and tipped minimum wages each July until July 2020, when they would equal $15 and $5, respectively. Each year following, the minimum wages would increase in proportion to any increases in the local consumer price index .
The minimum wage under federal law is $7.25 an hour, though many states set higher minimums. Four states and several cities have a minimum wage of at least $15. ... and that raising their wages ...
The Raise the Wage Act of 2017, which was simultaneously introduced in the House of Representatives with 166 Democratic cosponsors, would raise the minimum wage to $9.25 per hour immediately, and then gradually increase it to $15 per hour by 2024, while simultaneously raising the minimum wage for tipped workers and phasing it out. [173]