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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.
Workers employed at Chinese EV maker BYD Co's factory in Brazil reportedly earned nearly twice the Chinese hourly minimum wage in many regions, despite questionable working conditions.
EPI’s Family Budget Calculator (FBC) is a widely cited tool for determining what it takes to make ends meet for different family types in all counties and metro areas in the United States. For more than 20 years, we have calculated family budgets for basic expenses like housing, food, health care, child care, transportation, other…
Colorado lawmakers are debating legislation (HB 1208) that would lower the subminimum wage for tipped workers in places like Denver and Boulder County. Such action would be a reversal of the progress Colorado has made recently to tackle one of the largest challenges in the economy: low wages for working people. While the federal minimum…
In recent decades, local governments have stepped up to tackle some of the most pressing economic challenges of our time, including raising minimum wages, developing popular paid leave programs, and ensuring that public contracts lead to good jobs and stimulate local economic development. Local action to raise wages or strengthen labor standards has often been…
In February, inflation-adjusted wages were 18.7% to 25.3% lower than the current daily minimum wages across the regions in the country. Meanwhile, in peso terms, real wages were lower by around P74.26 to P129.37 from the current daily minimum wages set by the Regional Tripartite Wages and Productivity Board.
In a move that starkly exposes just how disingenuous the Trump administration’s pro-worker rhetoric really is, President Trump rescinded the Biden administration’s executive order that increased the minimum wage for workers on federal contracts. The Biden-era rule implementing that executive order raised the minimum wage for workers on federal contractors to $15 an hour in…