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Sen. John Kerry counts himself among those who have concluded that millions of low-wage, mostly young or unskilled workers deserve a raise. A pretty hefty one, too: He's called for an increase in the federal minimum wage from $5.15 to $7 per hour.
Arlington, VA (November 3, 2022) – Today, the Employment Policies Institute (EPI) released a new analysis by economists from Miami and Trinity Universities estimating the consequences of eliminating the separate minimum wage for tipped employees.
Online triathlon magazine with product reviews, a bike fit guide, training tips, and several regular columnists. The editor is Dan Empfield, the founder of Quintana Roo.
Editors’ note: For church leaders to be more effective in seeking the “welfare of the city” (Jer. 29:7), we should know what economic concepts mean, how they should be applied, and how they affect the local church. The purpose of the Economics for Church Leaders series is not to present a theology of economics, but rather to provide a basic level of understanding that will help church leaders think more clearly about how to apply their faith commitments to economics and public policy. See the Economics for Church Leaders page for other articles. In 2016, the Democratic Party adopted a...
‘Irresponsible’ and ‘long overdue’: What economists and workers say about Biden’s bid for a $15 minimum wage and end to tip credits MarketWatch 1/20/2021 © Getty Images When President-elect Joe Biden first proposed raising the minimum wage to $15 an hour on the campaign trail in 2019, the U.S. was experiencing its best unemployment figures in decades. Since then, the unemployment rate has nearly doubled to 6.7% as the pandemic has cost millions of Americans their livelihoods. Some observers say it’s a better time than ever for Biden to push for a $15 minimum wage and end tip ...