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News Articles: minimum wage

AP Photo/Steven Senne

Tagged as: 

  • News

Georgia Today: Liberty County and the cost of Georgia’s 'Great Resignation'

Liberty County outside Savannah is one place where the number of people quitting their jobs has been extraordinary, even amid the national so-called Great Resignation that's seen record numbers of people quit. Why Liberty County is so hard hit and how the employee exodus is changing the fabric of the community, is the subject of this week's Georgia Today.

January 07, 2022
|
By:
  • Steve Fennessy and
  • Jess Mador
In this Nov. 17, 2016 photo, Chris Kempczinski, then-incoming president of McDonald's USA, speaks at a McDonald's restaurant in New York's Tribeca neighborhood. Kempczinski is under fire for comments he made in a text message to the Chicago mayor.

Tagged as: 

  • National

McDonald's CEO apologizes after saying 2 slain children were failed by their parents

Chris Kempczinski held a town hall with employees on Monday after reports revealed he messaged Chicago Mayor Lori Lightfoot and appeared to blame the death of two shooting victims on their parents.

November 09, 2021
|
By:
  • Deepa Shivaram
Facing a union effort, Starbucks, which is also making changes to training and scheduling, says that it supports the workers' right to organize but that a union was unnecessary.

Tagged as: 

  • Business

Starbucks and Costco raise wages in the nationwide competition for workers

Costco pays $17 an hour after a second raise this year. Starbucks is raising hourly pay to $15 amid a union effort. Major chains are pushing to draw workers, who have shunned a million retail jobs.

October 28, 2021
|
By:
  • Alina Selyukh
Goran K. Hansson (C), Permanent Secretary of the Royal Swedish Academy of Sciences, and Nobel Economics Prize committee members Peter Fredriksson (L) and Eva Mork (R) give a press conference to announce the winners of the 2021 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel.

Tagged as: 

  • Economy

A Nobel Prize for a revolution in economics

David Card, Joshua Angrist, and Guido Imbens win a Nobel Prize for revolutionizing how economics is done.

October 12, 2021
|
By:
  • Greg Rosalsky
Displayed is a file photo of a Nobel Prize medal on Dec. 8, 2020. The Nobel Prize in economic sciences was awarded to three U.S-based professors for their pioneering work with "natural experiments."

Tagged as: 

  • Economy

Three economists win Nobel for their research on how real life events impact society

The U.S.-based economists shared this year's Nobel in economics for their work with "natural experiments," such as studying how changes to the minimum wage impact the labor market.

October 11, 2021
|
By:
  • Scott Horsley
A new study says on average someone would have to earn $24.90 per hour to rent a modest two-bedroom home on no more than 30% of their pay. That's far more than the federal minimum wage.

Tagged as: 

  • National

Rents Are Out Of Reach For Most Americans Earning Minimum Wage, A Study Says

Workers simply don't earn enough money to keep up with skyrocketing rental rates across the country, the National Low Income Housing Coalition found in its latest Out of Reach report.

July 14, 2021
|
By:
  • Vanessa Romo
Joyce Barnes, 62, is a home aide near Richmond, Va., working two jobs that pay $9.87 an hour and $8.50 an hour.

Tagged as: 

  • Business

She Works 2 Jobs. Her Grocery Budget Is $25. This Is Life Near Minimum Wage

A juicy prime rib. A glossy art book. A few days off work without worrying about bills. These are the unreachable desires of some of America's workers earning just above minimum wage.

March 26, 2021
|
By:
  • Alina Selyukh
Marty Walsh is seen testifying at his confirmation hearing before the Senate Health, Education, Labor, and Pensions Committee as part of his nomination to head the Labor Department on Feb. 4 in Washington, D.C. Walsh was confirmed by the Senate as the Labor secretary on Monday.

Tagged as: 

  • Business

Marty Walsh, Boston Mayor With Union Roots, Confirmed As Labor Secretary At Key Time

The former union leader will head the Labor Department at a time when the pandemic has left millions unemployed and raised concerns about workplace safety.

March 22, 2021
|
By:
  • Sam Gringlas
President Biden, with Vice President Harris behind him, speaks about the American Rescue Plan in the Rose Garden of the White House on Friday.

Tagged as: 

  • Politics

The COVID-19 Relief Bill Passed. What's Biden's Next Big Move?

Democrats passed the $1.9 trillion bill on a party-line vote, and Republicans do not appear ready to compromise on infrastructure, voting rights, the minimum wage, immigration or much else.

March 13, 2021
|
By:
  • Domenico Montanaro
President Biden challenged those who call his stimulus plan too big: "Let me ask them a rhetorical question: What would you have me cut?"

Tagged as: 

  • Economy

Biden's $1.9 Trillion Rescue Plan: Vital Medicine Or Costly Overkill?

Backers of the president's ambitious stimulus plan say it will help struggling families and businesses, but critics say it goes too far.

February 26, 2021
|
By:
  • Scott Horsley
People wait to shop at a Costco in Texas on Feb. 20. Next week's pay increase would put Costco ahead of much of the industry.

Tagged as: 

  • Business

Costco To Raise Minimum Wage To $16 An Hour: 'This Isn't Altruism'

Next week's pay increase would put Costco ahead of much of the industry. CEO W. Craig Jelinek said higher pay reduces turnover and boosts productivity.

February 25, 2021
|
By:
  • Alina Selyukh

Tagged as: 

  • Economy

What McDonald's Shows About The Minimum Wage

McDonald's is one of the nation's largest employers of low-wage workers. And because it's everywhere, it's a great place to test the effects of minimum wage laws.

February 16, 2021
|
By:
  • Greg Rosalsky
An activist wears a "Fight For $15 and a Union" t-shirt at the U.S. Capitol in 2019 as lawmakers took on legislation to raise the federal minimum wage.

Tagged as: 

  • Business

$15 Minimum Wage Would Reduce Poverty But Cost Jobs, CBO Says

Raising the federal minimum to $15 an hour by 2025 would boost pay for at least 17 million people and cut 1.4 million jobs, according to the non-partisan Congressional Budget Office.

February 08, 2021
|
By:
  • Alina Selyukh
President Biden delivers remarks on the U.S. economy on Friday.

Tagged as: 

  • Politics

Biden Doesn't Think $15 Minimum Wage Hike Will Survive COVID-19 Relief Bill

President Biden has called to more than double the federal minimum wage as part of his economic relief plan.

February 07, 2021
|
By:
  • Alana Wise
Demonstrators call for a union and $15 minimum wage at a McDonald's in Charleston, S.C., in February 2020. The U.S. Senate has voted to prohibit an increase in the federal minimum wage during the pandemic.

Tagged as: 

  • Economy

Senate Says No To $15 Minimum Wage For Now, But Democrats Vow To Push On

Raising the federal minimum wage to $15 remains a priority of President Biden and Democrats after the Senate approved an amendment prohibiting a wage increase during the pandemic.

February 06, 2021
|
By:
  • Andrea Hsu,
  • Sam Gringlas,
  • and 1 more
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