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.
Almost a year ago, the U.S. economy started its plunge. This week, NPR is launching American Indicators, a series that will personalize the big economic stories we hear every day.
President Biden's relief bill currently includes $130 billion for public K-12 schools. The biggest chunk of of the spending would go to districts to avoid layoffs and hire more personnel.
The economist, who served in the Clinton and Obama administrations, tells NPR's Scott Simon about the problems that he sees in the Biden administration's COVID-19 relief bill.
A lackluster jobs report from the Labor Department on Friday increases the pressure on policymakers to offer additional economic aid. Without additional help, a full jobs recovery could be years away.
NPR's Mary Louise Kelly talks with Heather Boushey, a member of the White House Council of Economic Advisers, about the latest jobs numbers and the upcoming coronavirus relief plan.