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.
minimum wage
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.
$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.
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.
Power Of The Petition: Nonprofit Helps Front-Line Workers Fight For Their Rights
Eight out of every nine American workers don't have a union to represent them in workplace disputes. A nonprofit website is helping push for better wages and working conditions amid the pandemic.
When Essential Workers Earn Less Than The Jobless: 'We Put The Country On Our Back'
Congress has yet to pass a measure that would ensure a pay boost for people who have been asked to keep going to work during the coronavirus pandemic shutdowns.
As 'Hero' Pay Ends, Essential Workers Wonder What They Are Worth
Many retail and food workers are losing temporary wage bumps they got during the pandemic. Some say their work hazards are only increasing, while their wage is lower than unemployment benefits.
'Gives Me Hope': How Low-Paid Workers Rose Up Against Stagnant Wages
When some fast-food workers in New York went on strike one morning in 2012, they had no idea it was the beginning of an unusual movement that would propel an economic revolution.
Minimum Wage Hikes Fuel Higher Pay Growth For Those At The Bottom
Wages rose faster for low-income workers than for any other group in 2019. The gains are partly explained by the tight labor market. But increases in minimum wages also contributed to the gains.
Raising The Minimum Wage By $1 May Prevent Thousands Of Suicides, Study Shows
Paying minimum wage workers $1 more per hour might save lives, according to new research. The increases appear to have the largest effect when unemployment is high.