Effective Minimum Wage News Today

Puerto Ricos Effective Minimum Wage Would Be $68/Hour Under Biden Plan While a federal $15 dollar minimum wage will help some people, it will hurt many others. Friday, January 29, 2021 Puerto Rico has had a long history of being harmed by Washington overreach. The island was once home to a thriving needlework industry until the federal minimum wage destroyed its competitive advantage. The same unintended consequence happened again in 1974 when increases in the minimum wage cut 32 percent of low...