Higher minimum wages lead to more people becoming homeless, according to a recent study that identified a clear link between the hike in minimum wages and the phenomenon of homelessness—a 14 percent increase from 2014 to 2019. Higher minimum wages disincentivize businesses from hiring employees, and actually encourages letting go of workers to reduce costs. While…
Minimum Wage Hikes Fuel Homelessness in US: Study
July 11, 2023
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Increasing the Minimum Wage Is a Matter of Survival: Union Boss
The Australian Council of Trade Unions (ACTU) has said a seven percent pay rise to all award wages across the board is a matter of survival for Australians. ACTU Union Secretary Sally McManus said that a seven percent increase is essential for the minimum and award wage workers to keep them financially above water. “It…
Long Beach Adopts $25 Minimum Wage for Private Healthcare Workers
August 5, 2022
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The Long Beach City Council voted unanimously Aug. 2 to boost the city’s minimum wage for health care workers from $15 to $25 per hour—a 67 percent increase. The new policy applies to workers from private health care facilities including clinicians, certified nursing assistants, janitors, technicians, and laundry workers. This is “[a] historic and important…
Los Angeles Approves Health Care Worker Wage Hike
July 5, 2022
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LOS ANGELES—The Los Angeles City Council gave final approval on June 29 to an ordinance raising the minimum wage for people working at some privately owned health care facilities in the city to $25 per hour. The “Minimum Wage for Employees Working at Healthcare Facilities” initiative, which was brought to the council through a successful…
Minimum Wage Rises in Multiple States; Meta Cuts Hiring Plans, Braces for Downturn | NTD Business
Many parts of the United States are raising the minimum wage, aiming to make sure the lowest-paid can keep up with the cost of living. We hear from both sides of the issue. Facebook owner Meta is warning staff it’s cutting its hiring plans, bracing for an economic downturn. One of Europe’s biggest automakers is warning…
Minimum Wage Rates Go Up Friday in City, Unincorporated L.A. County
June 30, 2022
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LOS ANGELES—Minimum-wage workers in the City of Los Angeles will get a modest pay boost starting July 1, with the hourly rate increasing to $16.04 and in unincorporated areas of LA County to $15.96. Prior to the date, the minimum wage had been $15. According to the mayor’s office, more than 600,000 Angelenos make minimum…
Make No Mistake, Higher Minimum Wages Have Unintended Consequences
June 28, 2022
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Commentary The Australian Fair Work Commission’s (FWC) recent decision to increase the federal minimum wage by 5.2 percent and 4.6 percent for award minimum wages was higher than most expected. Usually, the FWC strikes a balancing act between the demands of unions and employer groups. But this year, there can be no doubt the commission…
New Minimum Wage Rise to Devastate Business Community: Australian Industry Groups
June 16, 2022
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Australian industry groups have warned that the new wave of minimum wage increases could push businesses across the country to the verge of collapse. Under the Fair Work Commission’s latest ruling on June 15, over 2.6 million Australians will be eligible for a pay rise of $40 (US$27) per week from July 1, an increase…
T-Mobile Offering $20 Minimum Hourly Rate For All Employees
T-Mobile employees are getting a new hourly minimum wage of $20, according to an announcement Friday by the CEO, coming at a time when the purchasing capacity of Americans keeps going down due to a 39-year high inflation rate. CEO Mike Sievert said that the move was about providing a competitive wage for everyone, including…
Australia Increases Minimum Wage to $20.33 Per Hour
June 16, 2021
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Industry groups have criticised Australia’s minimum wage has increased to $20.33 (US$15.45) per hour, saying it was hard to fathom the move given there were still businesses struggling from the COVID recession. The Fair Work Commission announced the 2.5 percent increase, which equals 49 cents per hour or $18.80 per week—to the minimum wage on Wednesday….
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