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Voters in District of Columbia, Nebraska, and Nevada overwhelmingly approved minimum wage-related ballot initiatives during this year’s midterm elections. There continues to be bipartisan support for minimum wage increases as seen by the success of three ballot measures.
District of Columbia voters passed the Tip Credit Elimination Act, which, by 2027, will result in the elimination of the tip credit in the District and require employers to pay tipped employees the full minimum wage.
Given that multinational corporations are increasingly influential, governments may need to reassess trade policies and domestic labor market policies. This study investigates the impacts of the stricter labor market regulations across firms over 2013-19 in Korea.
Also, a look at how undocumented immigrants are left out of mainstream lending.
A minimum of $15.00 for all CA businesses was scheduled to go into effect on January 1, 2023, but due to rates of inflation of over 7%, a further statutory increase has been triggered and the statewide minimum wage will now increase to $15.50 on January 1, 2023.