Simple Solution for Addressing Labor Shortages Is Raising Minimum Wage
Yes, wages have gone up in 2021— but they're still comparatively low. Raising them across the board could help get workers back in jobs.
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Yes, wages have gone up in 2021— but they're still comparatively low. Raising them across the board could help get workers back in jobs.
Jun. 12—Community Health Network announced earlier this will it will increase its minimum wage for its hourly employees from $12.50 to $15 an hour. The planned increase will impact more than 4,000 of the hospital network's nearly 16,000 employees. Both Indiana and the federal minimum wage rates are $7.25 an hour for most employees. "We continue to invest in improving patient and caregiver ...
Wage growth is rising the most since 1983, but workers are quitting in rates unseen since around then, too. Something's going on in hospitality.
There's "more than ample room" to raise wages without lifting inflation, Biden added, rebuking claims that higher pay risks rampant price growth.
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