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The purpose of a minimum wage is to establish a baseline income level for workers in a given jurisdiction. Ideally it's enough to cover basic needs like food and housing, but this isn't always a guarantee.
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...signed legislation targeting some fast food franchises to lift minimum wages to $22 per hour and change working conditions. Opponents have described the bill as "hypocritical" and "ill-considered."
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We All Know How This Will End
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Notice the question posed above mentions implementers, not supporters. The latter consists of, what? 95% of the electorate? We can document that some 2/3 of the voters favor a minimum wage of $15.
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Last August, the Los Angeles Times published an article on the minimum wage by a college intern from Duke University named Caroline Petro-Cohen. The article took California Republican gubernatorial candidate Larry Elder to task for calling for an abo
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But as economist Thomas Sowell famously explained, "the real minimum wage is always zero."
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Opinion: This law is a hurdle that potential employees must clear in order to get a job. And the higher it is, the harder it is to clear
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Tim, Ian, and Lydia join Bitcoin experts and podcast hosts Max Keiser and Stacy Herbert to analyze the implosion of the fast food industry as unemployment pays much better than minimum wage that these restaurants are able to offer.
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What's the big "hubbub" over raising the minimum wage to $15/hour? After all, the last time the U.S. lifted the minimum wage was in 2009.
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A COVID-19 "hero pay" ordinance that increased wages by $4 per hour approved by the city of Long Beach led to the closure of two California stores of retail chain Kroger on Saturday, April 17.
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Rowe knows the value of hard work, so it's worth taking his recent warning on minimum wage hikes seriously.
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Rowe knows the value of hard work, so it's worth taking his recent warning on minimum wage hikes seriously.
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Senate Democrats are ditching a proposal to use tax code to penalize corporations which don't raise the minimum wage for their lowest paid workers, according to Bloomberg.
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President Joe Biden is trying to get Congress to pass an increase in the federal minimum wage as part of a COVID-19 "stimulus" package. However, a recent experiment in mandating higher wages at the local level ought to make him think twice about
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Small business owners are already seriously hurting, so the timing could not be worse.
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Voters will soon learn that the costs imposed by minimum wage hikes do not go away just because they are invisible.
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One of the distinguishing characteristics of leftists (i.e., liberals, progressives, or socialists) is their lack of understanding when it comes to sound economic principles.
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Americans are sometimes accused of ignorance over history and geography beyond their own shores. It was no different last week, after the Chicago Teachers Union tweeted support for a protest outside Jeff Bezos' home, where an effigy was placed in a
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In this video, independent reporter Emma explains what's happening on the ground in Minneapolis.
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What do minimum-wage laws, child-labor laws, and overtime-pay laws have in common other than that they originated in the Fair Labor Standards Act (FLSA) of 1938?
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In today's political discourse, the minimum wage is frequently mentioned by the more progressive members of Congress.
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Suppose they made the minimum wage $1,000 an hour. Just think: Every worker in America would be taking home at least $8,000 a day. That would be an annual salary of over $2 million.
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Progressive economists and intellectuals saw these job losses as a eugenic service to the larger population.
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Employment is at its highest rate in fifty years, and less than 3% of hourly paid workers receive the minimum wage, yet it has become a major talking point of many running for president.
