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Minimum Wage

MINIMUM WAGE: $30 NYC proposal would lead to job losses, stagnation

MINIMUM WAGE:  NYC proposal would lead to job losses, stagnation
The New York City Council is considering a bill to raise the minimum wage significantly. It calls for an incremental increase to raise the minimum wage from $17 an hour to $30 an hour by ... more
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New York minimum wage proposal could reach $30

New York minimum wage proposal could reach
A New York minimum wage proposal could dramatically raise pay for workers across the city. A new plan would increase the wage floor from $17 to $30 an hour over several years. Supporters say the ... more
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Federal Minimum Wage Set to Rise to $17 by 2030 Under New Senate Bill

Federal Minimum Wage Set to Rise to  by 2030 Under New Senate Bill
The Raise the Wage Act of 2025 proposes a steady increase in the federal minimum wage, aiming to phase out subminimum wages and combat income inequality ... more
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Minimum Wage: Boost up to $15.50 coming soon to some

Minimum Wage: Boost up to .50 coming soon to some
Millions of workers are set to see an increase to their minimum wage earnings, earning a new hourly wage of $15.50 per hour. Governor Gavin Newsom of California shared that the minimum wage for workers ... more
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Minimum Wage: Target boosts as high as $24 for some

Minimum Wage: Target boosts as high as  for some
Target has decided to pay their employees more, and some positions are starting out with a minimum wage as high as $24 per hour. The minimum wage was bumped across the company to $15 per ... more
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Benefit increases worth $1,657 and $251 in 2022

Benefit increases worth ,657 and 1 in 2022
Thanks to the Social Security COLA increase of 5.9%, Americans will see checks worth $1,657 and $251 every month. This is the largest increase since 1982, but the cost of goods and services has only ... more
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21 states and 35 cities raise minimum wage for 2022

21 states and 35 cities raise minimum wage for 2022
2022 is the start of a new hourly wage for millions of Americans across the country. Starting Jan. 1, 2022, 21 states and 35 cities raised their minimum wage to accommodate their workforce. A report ... more
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Major financial changes for 2022 are here

Major financial changes for 2022 are here
2022 has started, and with that comes a number of financial changes that may have a direct impact on many people's lives. Social Security is increasing as well as minimum wage, but there are numerous ... more
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11 major changes for money happening in 2022; Social Security, Medicare, and student loans all impacted

11 major changes for money happening in 2022; Social Security, Medicare, and student loans all impacted
Every year as Americans get ready to welcome the new year, they prepare to welcoming financial changes as well. This year is no different than any other year, aside from the pandemic and the financial ... more
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20 states are increasing minimum wage in 2022, will you make more money?

20 states are increasing minimum wage in 2022, will you make more money?
President Joe Biden had promised to increase the federal minimum wage to $15 per hour when he ran for president, which he hasn't done. Despite this, many states are increasing their pay anyway as inflation ... more
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Federal minimum wage of $26 per hour proposed by top economist

Federal minimum wage of  per hour proposed by top economist
A federal minimum wage of $26 per hour was discussed by Dean Baker, Senior Economist at the Center for Economic and Policy Research in a recent blog post. The argument for a $26 federal minimum ... more
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Affordable rent, homeownership out of reach for minimum wage workers, Lending Tree report finds

Affordable rent, homeownership out of reach for minimum wage workers, Lending Tree report finds
A new report by Lending Tree indicates that affordable housing is not attainable for minimum wage workers in any state in the U.S. Policymakers and advocates have called for a $15 minimum wage, but that ... more
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Minimum wage expected to rise again soon: Significant increase expected in coming weeks for New Yorkers

Minimum wage expected to rise again soon: Significant increase expected in coming weeks for New Yorkers
When is minimum wage going to increase again in New York? As businesses struggle to recover from the coronavirus pandemic the question is a difficult one. Proponents of higher wages say that’s exactly what’s needed ... more
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