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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.
Thursday more assorted links - Marginal REVOLUTION
1. Percentage of women in C-Suite jobs is now declining in the U.S. 2. Short piece by my colleague Dan Klein on misinformation (WSJ). 3. A thread on new minimum wage results, noting that Dube has a response in there as well. Paper here. 4. Can GPT-4 talk people out of conspiracy theories? Maybe. 5. […]
How minimum wages compared across regions in March - BusinessWorld Online
(After accounting for inflation) In March, inflation-adjusted wages were 16.7% to 24.2% lower than the current daily minimum wages across the region in the country. Meanwhile, in peso terms, real wages were lower by around P73.25 to P114.20 from the current daily minimum wages set by the Regional Tripartite Wages and Productivity Board.
Not-So-Happy Meal: $20 Wages Has Burger Joints In This State All Heated
California fast-food employees started earning a minimum of $20 an hour in April. Thanks to a new law, which went into effect earlier this month, California chain restaurants with at least 60 locations nationwide have to pay their employees more. For smaller restaurants, the minimum wage continues to be the statewide bottom of $16 an hour. The largest publicly-traded fast-food companies include McDonald’s Corp (NYSE:MCD); Starbucks Corp (NASDAQ:SBUX); Yum! Brands, Inc. (NYSE:YUM), which owns Tac