Here’s what minimum wage would be if it kept up with inflation
(NEXSTAR) – The federal minimum wage has remained unchanged for 15 years, although the minimum wage has been raised to $17 in some areas. The last time it changed was in 2009, when it went from $6.55 to $7.25. Since 2009, we’ve experienced economic booms and busts, a global pandemic, and sky-high inflation, but the […]
$15 minimum wage inches closer to appearing on ballot
Missouri voters on Wednesday moved one step closer to deciding whether to raise the state’s minimum wage to $15 an hour. The organization supporting the initiative announced that it has collected nearly twice the number of signatures needed. The ballot measure supported by Missouri Jobs with Justice would raise the minimum wage from the current […]
CA’s minimum wage law causing mass layoffs
Chef Andrew Gruel discusses how California’s minimum wage hike is resulting in layoffs on ‘The Bottom Line.’ Subscribe to Fox … source
Minneapolis ordinance imposes highest minimum cigarette price in America
Smokers in Minneapolis will pay some of the highest cigarette prices in the country after the Minneapolis City Council voted unanimously Thursday to impose a minimum retail price of $15 per pack to promote public health. Become. This ordinance does more than just set minimum prices. It prevents smokers and retailers from getting around this […]
Uber, Lyft to stay in Minneapolis until July as minimum wage hike delayed
Uber and Lyft postponed plans to exit Minneapolis on May 1 after the City Council delayed the effective date of the minimum wage increase by two months. Minneapolis City Council unanimously passes It was announced at Thursday’s meeting that the minimum hourly wage increase would be extended until July 1. CNN. The delay will give […]
CA Eatery Franchisee Hurries to Install Kiosks as $20 Minimum Wage Hits
Harsh Ghai, a major fast food franchise in California, is rushing to install kiosks in its restaurants to cut costs as the $20 minimum wage impacts businesses. Guy owns about 180 fast-food restaurants in the state, including Burger King, Taco Bell and Popeyes, Business Insider report Friday. “We have kiosks in all of our restaurants,” […]
California McDonald’s franchisee shares struggle with ‘unprecedented’ impact of new minimum wage
California McDonald’s franchise owner Scott Rodrick joins Barney & Company. to discuss California’s highly controversial $20 minimum wage increase. California is asking fast food chains to come up with ways to meet the state’s new $20 minimum wage. Scott Rodrick, one of McDonald’s franchise owners, said the company is considering raising menu prices and shortening […]
Consumers Make Minimum Credit Card Payments as Inflation Takes a Bite – PYMNTS.com
In a sign of the continued pressure of the paycheck-to-paycheck economy, more consumers are making only minimum payments on their credit cards. And the debt on those cards is increasing. It’s becoming increasingly difficult to strike a balance between staying in credit card debt and falling into delinquency, so to speak. Delinquency is increasing. According […]
Labor group demands California’s $20 minimum wage for fast food workers extend to all sectors
Former Foster’s Freeze assistant general manager Monica Navarro spoke on “The Bottom Line” about the sudden closure and other people’s reactions. Fair wage advocates are calling for California’s new $20 minimum wage law for fast food workers to be extended to all sectors to help working-class people struggling with the state’s high cost of living. […]
Robert Irvine claims California ‘opened the gateways’ to minimum wage spike in America
One of the world’s toughest and most resilient chefs — who has helped hundreds of endangered restaurants write their comeback stories — says he can’t prevent the effects of California’s $20 minimum wage. They claim they couldn’t do it, but there is one solution. “Robert Irvine predicts that because of what California has done, other […]