even as it cools rapidly after hitting a 40-year high in 2022. Although price hikes are easing, the cost of groceries, rent, and other goods and services remains higher than prior to the pandemic.
The flurry of states raising their minimum wage follows years of advocacy and protests by groups includingFight for $15, which arose in 2012 to push for higher pay.The pandemic, surging inflation and worker activism provided further impetus for lawmakers to lift wages. "The raises we are seein...
It’s been roughly a decade since a significant push to increase the minimum wage to $15 per hour caught traction nationwide. Now, with many states and cities around the country having instituted wage floors even higher than $15 per hour in recent years, it’s safe to say that the Fight...
President Joe Biden has called for the federal minimum wage to be raised to $15; it is currently at $7.25 and hasn’t changed since 2009. Twenty states carry the federal minimum wage, with varying standard pay much lower than that for tipped workers. Twenty-five states are raising ...
In second place is California which has risen 49.16 percent in the past decade, which works out to be about 14 percent higher than the national average wage. The average wage in 2010 was $53,286 and that’s increased to $79,480 in 2020. ...
with minimum wages for most workers set on a federal and state level. That means that the minimum wage in a state can be higher than the amount agreed at a federal level, but in effect, it can not be below this threshold. Knowing the minimum wage for the state you intend to move to...
Fast-food workers in California recently received a pay bump after a new law raised the minimum wage to $20 an hour, $4 more than the state’s minimum wage. In response, Pizza Hut announced it was laying off over 1,200 delivery drivers, while McDonalds said that it would increase pric...
Seventeen states have set their minimum wages higher than the federal rate of $5.15 an hour. Congress is now deb... The change will give a boost to workers in 30 states where the state wage rate is currently lower. Representative George Miller dismissed the argument that a minimum wage ...
deemed essential and often earned bonus pay for working during lockdowns, helping provide consumers who were stuck at home with necessities. Higher unemployment benefits also shed light on how little pay many low-wage workers earn, with many depositing unemployment checks higher than their old ...
Associated PressOct. 17, 2024 Bacon Hogs the Spotlight in Election Debates, but Reasons for Its Sizzling Inflation Are Complex Bacon prices have been a particular focus in this election Associated PressOct. 10, 2024