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The federal minimum wage:

    In the fight for a $15 minimum wage, don’t forget about tipped workers. While the federal minimum wage has been $7.25 an hour since 2009—and Congress hasn’t passed an increase since 2007—the tipped worker minimum wage has been at $2.13 an hour since 1991. The theory is that workers get at least minimum wage thanks to tips, or else employers make up the difference. The reality can be very different: “the federal Department of Labor’s wage and hour division has estimated that 84% of restaurants violate labor standards including tip violations. In other words, far too often, workers don’t get the tips they’re due,” Saru Jayaraman of One Fair Wage writes. And working for tips opens workers up to racism, sexism, and sexual harassment. Research shows that Black waiters get lower tips, and waiters viewed as attractive get higher tips. Now, there’s a new twist, Jayaraman reports. “Male customers are making lewd and...
    New York : Vermont Independent Senator Bernie Sanders. Photo: Jim Lo Scalzo / EFE A group of eight Democrats and the Republican delegation in the Senate voted against this Friday. the proposal of Independent Senator Bernie Sanders to raise the minimum wage to $ 15. Sanders’ amendment was one of the most talked about as part of the Biden Administration’s $ 1.9 billion “American Rescue Plan” debate process. The discussion of the provision was part of the marathon process known as “vote-a-rama” that lasted until the early hours of this Saturday. A deal to extend weekly unemployment benefits to $ 300 through September 6 freed the Senate from stalemate. However, Sanders’ provision was not endorsed by the majority, and rather was voted against 58-42. The vote in the Senate began yesterday at around 11:30 a.m. and did not end until around 1 a.m. The result...
    U.S. Pushes to Reopen; Canada Clears J&J Vaccine: Virus Update Live stimulus updates: Senate Democrats reach deal to keep weekly unemployment benefit at $300 per week © Photo by Al Drago for The Washington Post via Getty Images WASHINGTON, DC - DECEMBER 14: Senator Joe Manchin, a Democrat from West Virginia, speaks during a news conference with a bipartisan group of lawmakers as they announce a proposal for a Covid-19 relief bill on Capitol Hill, on Monday, December 14, 2020 in Washington, DC. Photo by Al Drago for The Washington Post via Getty Images Sen. Bernie Sanders' attempt to include a $15 minimum wage provision in the COVID-19 relief looks likely to fail. Eight Democrats, including centrist Sen. Joe Manchin, voted against the legislation's inclusion. 250,000 workers in West Virginia, Manchin's home state, could see a raise under a $15 minimum wage. Visit the Business section of Insider...
    One of President BidenJoe BidenTrump State Department appointee arrested in connection with Capitol riot FireEye finds evidence Chinese hackers exploited Microsoft email app flaw since January Biden officials to travel to border amid influx of young migrants MORE’s top policy goals, an increase in the federal minimum wage to $15 an hour by 2025, suffered a big setback Friday when eight members of the Senate Democratic caucus voted against it. An effort by Senate Budget Committee Chairman Bernie SandersBernie SandersABC names new deputy political director, weekend White House correspondent Ron Johnson forces reading of 628-page Senate coronavirus relief bill on floor GOP pulling out all the stops to delay COVID-19 package MORE (I-Vt.) to waive a procedural objection to adding the $15 minimum wage to a COVID 19-relief package was resoundingly defeated by a vote of 58 to 42 in which seven Democrats and one independent joined all 50 Republicans....
    As new cases rise, Fauci says easing restrictions is really risky; Senate gets $1.9B stimulus package: Live coronavirus updates Andrew Cuomo: New York governor faces new allegations that threaten his political future © Mark Ralston/AFP/Getty Images Amazon CEO Jeff Bezos has said higher pay is a good business decision. Mark Ralston/AFP/Getty Images Amazon's lobbying for a $15 federal minimum wage is a strategic business decision.  Amazon already pays workers at least $15, so a higher minimum wage won't hurt its bottom line. However, it would hurt rivals like Walmart. And, lobbying could help improve Amazon's reputation.  Visit the Business section of Insider for more stories. As Amazon lobbies for a higher minimum wage, experts say that the company is not making its decisions solely out of the goodness of CEO Jeff Bezos' heart.  Load Error "Anyone who says Amazon is supporting the federal $15 minimum wage...
    A Feb. 18 rally celebrating the California Labor Commissioner’s order for a McDonald's franchise to rehire and compensate workers who went on strike for coronavirus protections was held on Feb. 18, 2021.Lucy Nicholson | Reuters The fight for a $15 federal minimum wage just hit a major roadblock. On Thursday, nonpartisan Senate parliamentarian Elizabeth MacDonough said that lawmakers cannot include the $15 federal minimum wage in legislation to be passed through budget reconciliation, challenging its inclusion in the $1.9 trillion stimulus bill working its way through Congress. The parliamentarian's ruling comes as the House prepares to pass the latest round of coronavirus stimulus and send it to the Senate. It was cheered by Republicans, who have opposed raising the federal minimum wage and Democrats' use of budget reconciliation. More from Invest in You:Smallest businesses getting extra PPP help. What to know before applyingBlack small-business owners are being left behind in pandemic,...
    Texas faces plumbing catastrophe, food shortages after devastating storm Prosecutors drop DWI charges Bruce Springsteen © Rick T. Wilking/Getty Images Amazon is lobbying for a $15 minimum wage. Rick T. Wilking/Getty Images Amazon has been lobbying for a federal $15 minimum wage since raising starting pay to $15 in 2018. Experts say that a federal $15 minimum wage would be a blow to Amazon competitors such as Walmart. Meanwhile, a $15 federal minimum wage would only help Amazon's business.  Visit the Business section of Insider for more stories. Amazon says that its push for a $15 minimum wage is good business. Experts say it is also a new weapon in the retail giant's battle against rivals like Walmart.  Load Error The company has been lobbying Congress to raise the federal minimum wage since 2018, when Amazon raised its starting wage to at least $15 per hour....
    CNBC's "College Voices 2020" is a series written by CNBC interns from universities across the country about coming of age, getting their college education and launching their careers during these extraordinary times. Hannah Miao is a senior at Duke University studying public policy. The series is edited by Cindy Perman. As Congress considers raising the federal minimum wage to $15 an hour, many college students say the wage hike would be a game changer for balancing work and school. Sade Andrews, a 20-year-old fast food worker at McDonald's, advocated for the successful ballot initiative in Florida last November that gradually raises the state's minimum wage to $15 per hour. She hopes lawmakers will soon pass similar legislation at the federal level. "We all need a fair chance, whether it's fast food or you work at an airport, anywhere," Andrews said. "So I really call on them to actually take action...
    Riot attorney walks back Secret Service claim Executives with Pfizer, Moderna say theyre ramping up vaccine supplies © Photo by Al Drago for The Washington Post via Getty Images WASHINGTON, DC - DECEMBER 14: Senator Joe Manchin, a Democrat from West Virginia, speaks during a news conference with a bipartisan group of lawmakers as they announce a proposal for a Covid-19 relief bill on Capitol Hill, on Monday, December 14, 2020 in Washington, DC. Photo by Al Drago for The Washington Post via Getty Images Democrats are staging a final push to include minimum wage legislation in Biden's stimulus plan. But one of the party's most conservative Senators, Joe Manchin has doubled down on his opposition. 14% of workers in West Virginia, Manchin's state, could see a raise if the legislation passes. Visit the Business section of Insider for more stories. Congressional Democrats are scrambling to keep...
    (CNN)House Democrats have included a minimum wage hike in their latest Covid relief bill, although opposition among some Senate Democrats means it is not at all clear they will have the votes to pass it. Heres whats in the House Democrats stimulus relief planImproving worker pay is unrelated in that raising the minimum wage has long been a Democratic priority. It is completely related in that the Covid economy has hurt low wage workers -- those in food service, child care and home health care, for instance, who can't work from home -- more than it's hurt people who are able to work from home.The argument about income inequality, which is growing in the US, is central to the widespread effort to raise the minimum wage."A $15 minimum wage is not a radical idea," said Vermont Sen. Bernie Sanders on Twitter recently. "What's radical is the fact that millions of...
    Over the past several weeks, the Biden administration has laid out the first pieces of its new agenda for the American people, including the promise of a $15 federal minimum wage. This is one of many proposals taken from the "California model," and it has noble intentions – to address income inequality and make sure that no American working 40 hours a week lives below the poverty line.  Unfortunately, by increasing the federal minimum wage, President Biden is attempting to address the symptom of income inequality rather than the cause, which would ultimately ensure that many Americans in low-income jobs are no longer able to work at all. NEWT GINGRICH: JOE BIDEN IS TRUMPISM'S BEST ASSET -- WHY DO WASHINGTON ELITES FIND THIS SO HARD TO UNDERSTAND? Economists are clear that income inequality is the result of a multitude of factors: globalization, technological advancement, the efficient employment of capital, and changing institutions,...
    Senators Mitt Romney and Tom Cotton announced Tuesday that they are preparing a bill that would link an increase in the federal minimum wage with guarantees that companies will verify the legal status of their employees. Romney, who in the past tried to universalize the use of the electronic job verification system E-Verify, said they are preparing a proposal that includes an “automatic increase in the minimum wage in line with inflation.” “Congress has not raised the minimum wage in over a decade and this has left many Americans behind,” Romney said in a couple of posts on his Twitter account. “Our proposal gradually increases the minimum wage without this costing jobs, with automatic increases according to inflation, and requires employers to verify the legal status of workers,” he added. For his part, Cotton said on the same social network that Americans currently have to “compete” against millions of undocumented...
    U.S. Speaker of the House Nancy Pelosi (D-CA) participates in a news conference on the third day of the Senate impeachment trial of former U.S. President Donald Trump in Washington, February 11, 2021.Erin Scott | Reuters House Speaker Nancy Pelosi on Thursday said that a $15 federal minimum wage will be included in the coronavirus aid package the House is preparing to send to the Senate. "We're very proud of that," she told reporters during a weekly press briefing. "As I've said, 27 million people will get a raise, 70% of them women." Confirmation that the $15 federal minimum wage will be included in the latest version of the $1.9 trillion bill comes just days after the Senate voted on a nonbinding agreement to ban raising the minimum wage during the pandemic. Still, House Democrats have pushed to keep the wage hike in its version of President Joe Biden's American...
    A construction company owner from Baltimore, Maryland said Thursday that small businesses would be negatively impacted "the most" by a proposed $15 federal minimum wage. During an appearance on "America’s Newsroom" Corina Morga, owner of C.R. Construction, explained that companies like hers would inherit the cost from the mandate, thus putting a hiring freeze on projects as small businesses are priced out of local contracts. "When we are talking about wealth and equity for minority businesses like myself, you know small businesses are the way to get there," said Morga during an interview with Bill Hemmer. "We’re the economic drivers of this economy so to cut us out with this policy is insanity." DEMS ON HOUSE COMMITTEE APPROVE $15 MINIMUM WAGE IN STIMULUS PACKAGE DESPITE CBO WARNING 1.4M JOBS AT RISK Morga added that an argument against the proposed mandate is not an argument against people attempting to earn a...
    President Joe Biden said the proposal to increase the federal minimum wage to $ 15 is unlikely to be included in the next coronavirus aid package, putting one of his campaign promises on hold. Miamimundo / telemundo51 Biden said his administration would push a separate bill to raise the minimum wage, as Democrats in Congress push to pass a $ 1.9 trillion stimulus without Republican support. “I included the proposal, but I don’t think it will survive,” Biden said in an interview with CBS that will be broadcast in its entirety on Sunday. “I guess it won’t be in [el proyecto de ley de estímulo]”. While Biden said the proposed federal minimum wage increase will likely not be included in the economic stimulus package for the COVID-19 pandemic, he vowed to prioritize its passage in a separate bill. “I am prepared as president of the United States to come up...
    More than a decade after the federal minimum wage last went up, an increase may be included in the COVID-19 relief package under consideration in Congress. That bill is planned to be passed through reconciliation—in other words, through a simple majority vote—in the Senate, which makes it a great place for the minimum wage, since Republicans would certainly filibuster that. As a reminder, more than 60% of Florida voters passed a $15 minimum wage measure in 2020 even as the state went for Donald Trump. This is a popular issue with the public, even though Republicans have made it a contentious issue in Congress.  Conservative Democratic Sen. Joe Manchin said Tuesday that he doesn’t support a $15 minimum wage because he thinks $11 an hour, adjusted for inflation, would be adequate for his state of West Virginia. In fact, $11 an hour is a living wage for a single adult in West Virginia right now. For a single...
    People gather together to ask the McDonald’s corporation to raise workers wages to a $15 minimum wage as well as demanding the right to a union on May 23, 2019 in Fort Lauderdale, Florida.Joe Raedle | Getty Images Millions of workers in the U.S. could be in for a pay raise as Democrats move to pass a $15 federal minimum wage without Republican support. Both President Joe Biden's American Rescue Plan and the recently reintroduced Raise the Wage Act would gradually lift the federal minimum wage to $15 from $7.25, where it's been since 2009. The Raise the Wage Act offers the following timeline: The federal minimum wage would jump to $9.50 this year and reach $15 an hour by 2025. After that, it would be indexed to median wages. The jump would give nearly 32 million American workers a raise, according to the Economic Policy Institute, a left-leaning research...
    Large corporations have endorsed and lobbied for a $15 federal minimum wage in recent years, but while they can afford such a policy, small businesses would be harmed, multiple studies have shown. “More than doubling the federal minimum wage is one of the policies that would threaten the fragile small business economic recovery,” said National Federation of Independent Business Vice President of Federal Government Relations Kevin Kuhlman. The $15 minimum wage would result in 1.3 million workers losing their jobs, a 2019 Congressional Budget Office report estimated. Large corporations have endorsed and lobbied for a $15 federal minimum wage in recent years, but while they can afford such a policy, small businesses would be harmed, studies have shown. Many corporations, once known for their opposition to raising the federal minimum wage, have reversed course in recent years, raising their own wages to $15 per hour and lobbying the...
    If there’s a lesson that Democrats can learn from the first month of 2021, it’s that the left flank of their party exists to complain and trying to keep it happy is an exercise in futility. In the short time that President Joe Biden has held office, the left of his party has shown that it’s not operating in good faith. When President Biden unveiled a $1.9 trillion coronavirus relief package that included $1,400 checks to individuals (on top of $600 checks passed last month), Rep. Alexandria Ocasio-Cortez quickly hit Biden for not proposing checks worth $2,000 on top of the previous check, for a total of $2,600. That’s despite the fact that Ocasio-Cortez had previously co-authored an amendment to give individuals a total of $2,000 — exactly what President Biden now proposes to do. Most recently, House and Senate Democrats have introduced legislation to increase the federal minimum wage...
    A group of wealthy Americans has come out in support of the latest effort to increase workers' wages, saying doing so would benefit everyone. A group of millionaires and wealthy Americans have come out in support of a bill to raise the federal minimum wage, arguing such a move would be good for businesses. The Patriotic Millionaires organization on Tuesday lauded the Raise the Wage Act, saying that it's "an incredible long-term economic stimulus." Congress reintroduced the bill, which was passed by the House in 2019 but never got a vote in the Senate, on Tuesday. The legislation would lift the federal minimum wage from $7.25 to $15 an hour, in annual increments, by 2025.
    VIDEO1:2801:28What $15 an hour minimum wage means for Main StreetPower Lunch While small business owners are cheering President Joe Biden's plans to direct more aid to a Main Street that has been ravaged by the pandemic, they're also debating another of his pledges — hiking the federal minimum wage to $15 an hour. Workers' rights groups are cheering the move, but advocates for America's smallest businesses are warning such an increase could stall an already challenging economic recovery on the road back to stability from the health crisis. Biden's plans would more than double the current federal minimum wage of $7.25 an hour, which has not moved since 2009, despite repeated efforts by Democrats to increase pay for low-wage workers. A 2019 report from the Congressional Budget Office projected that hiking the federal minimum wage to $15 an hour gradually by 2025 would increase pay for 17 million workers but...
    Alex Brandon/AP Let our journalists help you make sense of the noise: Subscribe to the Mother Jones Daily newsletter and get a recap of news that matters.President Joe Biden is expected to sign an executive order on Friday aimed at raising the minimum wage for federal contractors to $15 dollars an hour. It’s the first step the Biden administration is taking to make good on a campaign promise to raise the United States’ minimum wage—and without Congress’ help, it may be one of the only steps the president can take to raise wages. Biden’s plan to get “money into the hands of people who will spend it.” The order directs agencies to review their workforce and lay out steps to increase pay to anyone earning under $15 an hour. It also lays the groundwork for a second executive order, expected within the first 100 days of Biden’s administration, that will raise the minimum...
    Protestors call for McDonald’s Corporation to raise wages to a $15 minimum and allow unionization in Fort Lauderdale, Florida, on May 23, 2019.Joe Raedle / Getty Images With Joe Biden's inauguration as President of the United States, the country is perhaps closer than ever to a $15 federal minimum wage. In a speech last week, Biden outlined his $1.9 trillion American Rescue Plan, which will send aid to those hit hardest by the coronavirus pandemic. Under the plan, Biden will call on Congress to raise the federal minimum wage to $15 per hour from the current $7.25. The federal minimum wage has not been increased since 2009. While boosting the federal minimum wage to $15 is popular among some lawmakers, activists and consumers, it still faces a lot of opposition to becoming law. More from Invest in You:Biden pledges to help fix the child-care crisis. Here is his planMother of...
    President-elect Joe Biden’s director of the National Economic Council has warned that the U.S. economy is “spiraling downward” after facing record unemployment numbers and businesses that have been damaged if not completely destroyed due to the novel coronavirus pandemic. According to Bloomberg, top economic adviser Brian Deese stated on Sunday morning that decisive action will be needed to save the financial future of the country and that the incoming administration hopes to tackle the crisis by implementing a $1.9 trillion spending plan to spur “the kind of robust recovery we need.” “We are at a very precarious moment,” he explained on Fox New Sunday. “The economy and the virus are spiraling downward. Now is the time to act.” Deese also noted that the need to pass a new package comes as Congress is already burdened with a number of other issues, including the confirmation of Biden’s cabinet and the impeachment...
    Nominate your favorite Twin Cities high school sports team Christmas Traditions to Start With Your Family This Year 39 Gifts That Are Selling Like Hotcakes During The Holidays Ad Microsoft Top credit card wipes out interest until 2022 (seriously) Ad Microsoft The 23 Hottest Gifts of 2020 Ad Microsoft Full screen 1/24 SLIDES © santypan / Getty Images/iStockphoto The federal minimum wage — $7.25 per hour — hasn’t changed since 2009, even though the cost of living has risen rapidly. Labor activists long have been asking for a raise in the minimum wage but...
    Labor leaders, workers and activists attend a rally for a $15 minimum hourly wage on July 22, 2015 in New York.Spencer Platt | Getty Images The federal minimum wage which is currently $7.25 per hour, has not been updated since 2009 and is an unlivable income in most of the U.S. It may soon get an upgrade. Lawmakers, activists and consumers have been calling for an increase in the minimum wage for years. In 2019, the U.S. House of Representatives passed a bill called the Raise the Minimum Wage Act, which would lift federal minimum wage to $15 an hour by 2025. More from Invest in You:How much you can expect in Social Security if you make $40,000 a yearInfamous con artist says this classic scam is making a comebackUnemployed Americans start nonprofits and volunteer while out of work The bill has more support than ever to become law. President-elect...
    JOE Biden claims he would push for a $15-per-hour minimum wage if he wins the US presidential election. But Donald Trump warned at their final debate that hiking up the federal minimum wage would push small businesses "to fire many staff". ⚠️ Read our US election live blog for the very latest on the 2020 race to the White House 7Joe Biden is adamant the minimum Federal wage should be hiked upCredit: Getty Images - Getty What is the current federal minimum wage? The federal minimum wage is set at $7.25 per hour, "where it's been since 2009," says Zenefits. However, many cities, counties and states "have their own mandates", it adds. Reuters reports that cities and states including Seattle, San Francisco, New York state, California, Arkansas and Missouri have increased their minimum wage. Also, employers like Amazon and Costco have raised their base wages to $15 an hour...
    It's been 11 years since the last federal minimum wage hike, the longest span the baseline wage has gone without an increase since it began in 1938.  Since the last federal minimum wage hike — to $7.25 an hour, starting July 24, 2009 — the cost of living has increased 20%, while the price of essentials such as housing and health care have increased even faster. That left many low-wage workers with little financial flexibility or savings as pandemic hit the nation this year and swiftly resulted in a recession and double-digit unemployment.  The average rent back in 2009 was about $1,132, adjusted for inflation. But housing costs have soared in the past decade, pushing the average rent to almost $1,470 in February — or almost 30% higher than the typical rent in 2009, according to the latest RENTCafe report.  Get Breaking News Delivered to Your Inbox Today, a...
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