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Thursday, October 17, 2019 A new report from the National Low Income Housing Coalition (NLIHC) reveals that the national housing wage is $22.96 for a modest two-bedroom rental home. This means that a full-time worker must earn at least $22.96 an hour to afford the rent and utilities on a two-bedroom rental home in the United States. The report, Out of Reach: The High Cost of Housing, also found that the national “housing wage” is more than three times the federal minimum wage of $7.25 an hour. In fact, it is higher than the average hourly wage of a full-time worker, which is $19.33. The report found that the average hourly wage needed to afford a two-bedroom rental home is highest in Hawaii ($36.13), Washington D.C. ($35.22), California ($33.58), Maryland ($31.77), and New York ($30.92). The report also found that the gap between wages and rent is widening in many parts of the United States. In nine states, the gap has widened by more than 15 percent since 2014. The report also found that for the majority
Long Beach Convention Center operator reaches deal with union after wage complaint - Los Angeles Times
Hospitality union Unite Here Local 11 reached a deal with ASM Global, which operates the Long Beach Convention Center, securing raises for its members and offering jobs to workers employed by a subcontractor accused of wage theft and tax evasion.
The Importance of Business Income Replacement in Your Insurance Plan – MiddleMe
Starting a company demands vision, stamina, and countless smart decisions. Yet even the most thoughtful strategy can fall apart if cash stops flowing. Adding business income replacement to your business insurance plan protects that lifeblood. Many owners buy coverage for walls, machines, and stock but forget the revenue that keeps wages, rent, and utilities paid.…