Tags » Minimum Wage

Economic Policy Institute: Higher Wages Key Tool in Fight Against Poverty

A new study from the Economic Policy Institute’s Elise Gould shows that if workers’ wages had grown at the same rate as workers’ productivity since 1979, 7.1 million fewer people would be poor, including 2.7 million children.  94 more words

Living Wage

Today’s News & Commentary – May 26, 2015

The long-running West Coast ports labor dispute has formally ended, according to The Wall Street Journal.  The International Longshore & Warehouse Union announced that 82% of the 20,000 cargo handlers they represent at 29 ports ratified a five-year agreement with terminal operators and shipping companies.  414 more words

On Labor

Changing Wages

The federal minimum wage remains at $7.25. However, last week, the Los Angeles city council voted to raise the city’s minimum wage from $9 to $15 an hour. 277 more words

Financial Planning

LA City Council Committee To Consider Minimum Wage Hike Proposal

LOS ANGELES (CBSLA.com) — The Economic Development Committee Tuesday is expected to consider an ordinance to increase Los Angeles’ minimum wage to $15 an hour over the next five years. 151 more words

News

Minimum wage vs tax credit...

Ira Stoll ponders an interesting question:  is a tax credit better than a minimum wage increase?   He thinks it is,  and  tells us  why,  although he cautions us that tax credits are not without problems to be considered.