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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.
Start saving for the future now – 5 tips for successfully beginning your journey - BusinessWorld Online
“The secret of getting ahead is getting started” – Mark Twain MANILA, Philippines — With rising living costs, saving is tough for many Filipinos, especially minimum wage earners. Waiting for a higher income to save makes it harder to develop the habit. While income affects saving, low income shouldn’t hinder future preparation. Achieving any goal starts with the […]
How minimum wages compared across regions in November - BusinessWorld Online
In November, inflation-adjusted wages were 17.6% to 25% lower than the current daily minimum wages across the regions in the country. In peso terms, real wages were lower by around P74.48 to P125.15 from the current daily minimum wages set by the Regional Tripartite Wages and Productivity Board.
Nearly half of U.S workers will live in states with at least a $15 minimum wage by 2027: Alaska and Missouri became the latest states to enact a $15 minimum wage | Economic Policy Institute
In the 2024 election, Alaska and Missouri voters approved ballot measures to increase their state minimum wages to $15 an hour in the coming years. This means that now 15 states and Washington D.C. either have or will have minimum wages of at least $15 an hour. In addition, four more states will likely reach…
Over 9.2 million workers will get a raise on January 1 from 21 states raising their minimum wages | Economic Policy Institute
Twenty-one states will increase their minimum wages on January 1, raising pay for more than 9.2 million workers by a total of $5.7 billion. In addition, 48 cities and counties will raise their minimum wages above their state wage floors, mostly in California, Colorado, and Washington. The January 1 increases show that the minimum wage…