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Although the federal minimum wage has remained at $7.25 a hour since 2009, most Americans are currently covered by greater minimums determined by local and state legislation - from Los Angeles to New York country to Washington, D.C. Organized labour and anti-poverty classes continue to drive for $15 a hour as the new standard for all workers paid hourly, although given Republican control of Congress that possibility appears dim. While the concept of raising the minimum wage is broadly popular, a......Read More
If policy makers and voters really understood the fundamentals of economics, they might find themselves on the other side of the now-popular debate to increase the minimum wage. Liberals use a raft of studies and a few arguments to back up their minimum-wage-raising position, touting them as proof that hiking the minimum wage helps both workers and the broader economy. This Huffington Post article cites a study projecting that the economy would grow by $22 billion and make 85, 000 new jobs, all......Read More
Since the 1st of April 1999 all workers in the United Kingdom have been subject to the National Minimum Wage Act; this act of parliament set a national minimum sum that employers in the united kingdom have to pay their workers; it's also the minimum sum that workers in the united kingdom are permitted to tender their solutions to get. Workers can, obviously, bring in more than the UK minimum, but never less. The introduction of the National Minimum Wage Act was intended to shield UK workers from......Read More
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