News
Entertainment
Science & Technology
Life
Culture & Art
Hobbies
News
Entertainment
Science & Technology
Culture & Art
Hobbies
Discover Latest #Minimum wage News, Articles and Videos with Contenting
3.1 Low-wage workers in the US hit by COVID-19 The COVID-19 pandemic has had a devastating impact on low-wage workers in the United States. According to a study by the Economic Policy Institute, an estimated 5.1 million low-wage workers in the US have been laid off or furloughed since the start of the pandemic. This represents nearly one-third of the total number of workers affected by the crisis. Additionally, the pandemic has further highlighted the need for a national minimum wage increase. Currently, the federal minimum wage in the US is $7.25 an hour, which is well below the poverty line for many families. The effects of the pandemic have also highlighted the need for additional measures to protect vulnerable workers, such as paid sick leave and hazard pay.
This July, 15 states and localities increase their minimum wage while others claw back gains for workers | Economic Policy Institute
On July 1, the minimum wage will increase in Alaska, Oregon, and Washington, D.C.—lifting wages for more than 880,000 workers and collectively raising their earnings by more than $397 million (see Figure A). In addition to these two states and D.C., 12 cities and counties are also increasing their minimum wage this summer, including Chicago,…
NCR workers get P50 daily wage hike - BusinessWorld Online
MINIMUM WAGE EARNERS in Metro Manila are getting a P50 daily wage increase — the highest pay hike ever granted by the National Wages and Productivity Commission — starting July 18, the Labor department said on Monday. The raise would benefit about 1.2 million workers in the Philippine capital and nearby cities and provinces, the […]
How minimum wages compared across regions in June - BusinessWorld Online
In June, inflation-adjusted wages were 17.7% to 25.7% lower than the current daily minimum wages across the regions in the country. Meanwhile, in peso terms, real wages were lower by around P72.89 to P131.43 from the current daily minimum wages set by the Regional Tripartite Wages and Productivity Board.
NCR wage hike unlikely to stoke prices - BusinessWorld Online
THE P50 daily minimum wage hike for Metro Manila workers that will take effect on July 18 is unlikely to fuel inflation, according to economists. Its limited coverage means it probably won’t be inflationary compared with earlier proposals for a nationwide wage hike, said Ruben Carlo O. Asuncion, chief economist at Union Bank of the […]
Monday assorted links - Marginal REVOLUTION
1. Chimp scheming vs. AI scheming. 2. Some details on rent control in Argentina. 3. The California minimum wage hike did translate into lower employment in fast food establishments. We are truly seeing a reversal on these minimum wage results. 4. The Diaspora Paradox for Indians. 5. Joseph Steinberg on the China shock. And Matt […]
Minimum Wage Misery - Econlib
I know of a young man who is mentally handicapped. He aspires for a job as a dishwasher in a restaurant, or stocking shelves in a supermarket, or pushing a broom around pretty much anywhere. He is big and strong, and can easily do any of these types of work, but he is slow. He […]