The Minimum Wage Just Turned 80. Economists Don’t Give It Enough Credit

An increased minimum wage would lift hundreds of thousands of people out of poverty and give them better access to nutrition and health services. In early March, the Senate failed to.....»»

The $15 minimum wage hike didn't make it into Biden's party-line stimulus law, but Berkeley economists have proposed a way to include it in a new one. Senate Ma.....»»

A pair of UC Berkeley economists devise a work-around using the tax code......»»

Democrats want to pass the measure through budget reconciliation, a quick legislation process that doesn't require Republican support. Demonstrators protest the Federal Reserve Bank about $15 minimum wage in New York City, on J.....»»

Tuesday's top personal finance stories.....»»

The pay bump would give raises to over 20 million workers - and could provide relief for public safety net programs. President-.....»»

Trump has touted a 'blue collar boom,' but a big portion of those wage gains for low-income workers are due to minimum w.....»»

Folks are suddenly paying attention to surprisingly fast wage growth among the lowest-earning U.S. workers. Are Republicans right to take credit for it as the labor market tightens, or is it due primarily to state-level minimum wage increases?.....»»

Folks are suddenly paying attention to surprisingly fast wage growth among the lowest-earning U.S. workers. Are Republicans right to take credit for it as the labor market tightens, or is it due primarily to state-level minimum wage increases?.....»»

Folks are suddenly paying attention to surprisingly fast wage growth among America's lowest-earning workers. Are Republicans right to take credit for it, as the labor market tightens, or is it due primarily to state-level minimum-wage increases?.....»»

Seattle's law, which gradually increases its minimum wage to $15 an hour by 2021 from just over $9 an hour in 2014, is now at the forefront of a national debate over the impacts of progressive wage increases......»»

Hiking Americans' minimum wage to $15 per hour would give mi.....»»

It's not raising the minimum wage, says Berkshire Hathaway billionaire Warren Buffett......»»

It's not raising the minimum wage, says Berkshire Hathaway billionaire Warren Buffett......»»

McDonalds, Amazon and Bank of America recently came around to higher wages, and small companies are now left to lobby alone......»»

McDonalds, Amazon and Bank of America recently came around to higher wages, and small companies are now left to lobby alone......»»

Two efforts that could lead to higher minimum wages took big steps this week. On Friday, Denver Mayor Michael Hancock signed an ordinance that will raise the floor wage for both city workers and city contractors to $15 per hour. The move will give pa.....»»

Politicians, economists, social services professionals and employers have debated the merits of the federal minimum wage for years.   What they all agree on is that the current federal minimum ($7.25 an hour) is not enough to sustain even a single.....»»

David McNew/Getty Images Raises in minimum wage benefit the majority of low-income workers in both the short and long term, argue economists for the US Census Bureau in a working paper from earlier this year, which analyzes 20 years of non-public go.....»»

A new analysis finds Washington, D.C. and other cities may benefit from eliminating tips......»»