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Why Raising the Minimum Wage is Good for the Economy.President Obama reiterated his call for increasing the federal minimum wage in his speech on the economy last week. "Because no one that works full-time in America should have to live in poverty, I'll keep making the case that we will need to raise a minimum wage which in real terms is lower than it was when Ronald Reagan took office," he explained. Increasing numbers of lawmakers and worker advocates agree, calling for increasing the......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
"Raising minimum wage risky," the Lexington Herald-Leader tersely warned. "Raising minimum wage strikes low-skill workers," the Detroit News bluntly announced. "Even left-leaning economists say it is a gamble," Vox solemnly cautioned. We've been raising the minimum wage for 78 decades, and as a fresh study clearly reveals, 78 decades of minimum-wage lifts have generated zero evidence of the "Job-killing" consequences these headline writers want us to fear. In a first-of-its-kind report,......Read More
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