Page 52 - Workers Pay News Today

U.S. President Joe Biden's plan to raise the minimum wage to $15 per hour by 2025 would cut employment by 1.4 million jobs that year and increase the budget deficit by $54 billion over the next 10 years, the Congressional Budget Office said on Monday.

The White House expects the House of Representatives to track closely to President Joe Biden's coronavirus relief plan as it marks up its latest round of legislation to blunt the effects of the COVID-19 pandemic, but expects lawmakers will tweak some elements, Press Secretary...

U.S. President Joe Biden's plan to raise the minimum wage to $15 per hour by 2025 would cut employment by 1.4 million jobs that year and increase the budget deficit by $54 billion over the next 10 years, the Congressional Budget Office said on Monday.

By Reuters Staff 1 Min Read WASHINGTON, Feb 5 (Reuters) - U.S. President Joe Biden said on Friday he does not expect his proposal for a hike in the minimum wage to $15 an hour to be included in his $1.9 trillion COVID relief bill. “My guess is it will not be in it. But I do think that we should have a minimum wage, stand by itself, $15 an hour,” Biden said in an interview with the CBS Evening News. (Reporting by Eric Beech; Editing by Leslie Adler)

U.S. President Joe Biden said in an interview released on Friday he does not expect his proposal for a hike in the minimum wage to $15 an hour to be included in his $1.9 trillion COVID-19 relief bill because of Senate rules.

Supermarket chain Kroger Co said on Friday it would give $100 to workers who get a COVID-19 vaccination, joining a growing list of U.S. retailers incentivizing employees to get inoculated against the novel coronavirus as soon as possible.

U.S. Treasury Secretary Janet Yellen said on Friday that economic crises hit people of color harder and longer, and the current crisis caused by the coronavirus pandemic would have a lasting impact on Black Americans unless action was taken.

Kenya Airways plans further pay cuts for employees of as much as 30% after the airline was hit by the coronavirus pandemic that has caused a slump in air travel, an internal memo showed on Friday.

The Democratic-controlled U.S. Congress pushed ahead on Wednesday with a maneuver to pass President Joe Biden's $1.9 trillion COVID-19 relief package without Republican support, as the White House said it was flexible on a key element of the plan.

The Democratic-controlled U.S. House of Representatives approved a budget outline on Wednesday that would allow them to pass President Joe Biden's proposed $1.9 trillion coronavirus aid plan without Republican support.