Venezuela Hikes Minimum Wage Up 50% amid Skyrocketing Inflation
Venezuelan President Nicolas Maduro has raised the country’s minimum wage by 50 percent amid soaring inflation that has rendered its currency practically worthless.
Venezuelan President Nicolas Maduro has raised the country’s minimum wage by 50 percent amid soaring inflation that has rendered its currency practically worthless.
A Seattle-sponsored analysis of the city’s $3 per hour minimum wage hike has found that it cost the average low-skilled worker $1,500 a year due to employers slashing hours.
A new study from the University of Washington says that Seattle’s hike in its minimum wage is hurting the very workers it was supposed to help.
Angelica Kitchen, long a staple of the East Village, closed their doors after 40 years of operation in response to the increased cost of labor mandated by the new wage policy.
Oakland Mayor Libby Schaaf wants to fund a $32 million budget deficit by grabbing millions in revenue from November’s voter-approved soda tax initiative — and critics are accusing her of a “bait-and-switch.”
Illinois Democrats are hoping to pass a minimum wage hike up to $15 an hour during the spring legislative session despite the governor’s opposition to increases of any kind.
A new review of the restaurant industry in San Diego, California, shows that since its minimum wage hike to $11.50 per hour, the city has lost a whopping 4,000 restaurant jobs.
“The true minimum wage rate is zero—the amount an unemployed person receives from his non-existent job,” Milton Friedman wrote in Newsweek 45 years ago. Two economists writing about the decision of St. Louis city fathers to boost its minimum wage come to a similar conclusion.
I thought the grim lesson of the burger-flipping robot was so obvious it barely deserved comment, but comment I did… and soon discovered plenty of people do need this lesson explained to them.
After Amendment 70 forced Colorado businesses to pay a higher minimum wage, many Denver-area restaurants are struggling to survive. In a bid to stay in business, some restaurants are now adding a ten percent surcharge to make up for the recent hike.
Despite its good intentions, minimum wage legislation overwhelmingly harms many people with disabilities, condemning them to a life of unemployment, according to a recent report.
Fast-food restaurant chain Wendy’s will install self-order kiosks at 1,000 stores across the country by the end of 2017 to trim extra labor costs imposed by minimum wage hikes, NJ Advance Media reported.
In a pointed speech this weekend, the bishop of San Diego attacked U.S. President Donald Trump, telling his audience of social justice warriors that they must disrupt his efforts to fulfill his campaign promises.
Twenty states this week began implementing minimum wage increases that are supposed to help 4.3 million workers. However, the damage from a prior minimum wage hike includes bankrupting of Puerto Rico.
“Los Angeles County used to have more than 5,000 apparel factories; today, my company is one of roughly 2,000 — and many (e.g. American Apparel) are looking for a way out.”
The White House released a new report this week entitled Artificial Intelligence, Automation, and the Economy, as part of an admirable but very flawed initiative to understand the impact of the new technology on American employees.
Mark Krikorian, executive director of the Center for Immigration Studies, discussed President-elect Donald Trump’s choice of Andrew Puzder for secretary of labor and other Trump cabinet nominees on Monday’s Breitbart News Daily.
After years on the back burner, the minimum wage is hot again. A national campaign to institute a $15 an hour minimum wage has picked up steam in various parts of the country, while here in Texas, legislation has already been filed that would raise the state’s minimum wage to more than $10 an hour.
Dunkin’ Donuts is blaming its decrease in donut sales on the presidential election.
During the third presidential debate, Hillary Clinton talked about raising the minimum wage because “people who work full time should not live in poverty.”
An email from Hillary’s campaign shows the desperate moves staffers have had to consider in order to make people see Hillary Clinton as a normal, approachable, everyday American they can relate to. Staffers had been considering arranging photo ops depicting Hillary doing everyday jobs.
During Tuesday night’s vice presidential debate, Virginia Senator Tim Kaine claimed that Donald Trump wants to repeal the federal minimum wage. In May, Trump said he thought minimum wage levels should be left to the states, and offered the opinion
Janet Napolitano, the chancellor of the state-wide University of California, is dumping American information-technology professionals to hire cheaper H-1B contract workers from India.
The 840-employee Ashley Furniture factory in Colton, California is preparing to shut down over Labor Day weekend — thanks to the state’s new $15 minimum hourly wage — and join the over 9,000 companies that have left California in the last seven years.
Despite the minimum wage for farmworkers jumping from $8 to $10 since June 2014, Sacramento Democrats are going all-in to capture additional overtime pay for farmworkers during the countdown to the 2016 election.
Although the City of Seattle launched the “$15 For All” minimum wage movement in 2014 to help the poor and cut government welfare spending, new research reveals that the minimum wage increases unemployment and causes welfare spending to spike higher.
“At least 10 dollars, but it has to go up,” Donald Trump responded when asked if he would raise the federal minimum wage during a press conference.
CaliBurger, a Chinese knock-off of the popular California-based In-N-Out Burger, is now opening its first California outlet in Pasadena.
Robots may soon render impotent the strikes and bullhorns of fast-food workers demanding a $15 minimum wage.
Former McDonald’s CEO Ed Rensi appeared on Fox Business Network Tuesday and sent a warning to progressive groups strong-arming state lawmakers into enacting $15 per hour minimum wage hikes.
Voters in California will face a tidal wave of ballot measures in the November general election, on issues from the death penalty and condoms to marijuana and plastic bags.
Business Insider reporter Hollis Johnson says that “The age of the restaurant self-service kiosks has dawned, and it’s the end of fast food as we know it.”
Wendy’s fast food restaurant chain says it will begin offering self-serve kiosks at its 6,000-plus locations across America, making them available to costumers by the end of 2016.
Presumptive Republican presidential nominee Donald Trump stated that he likes “giving” the minimum wage “to states to determine” on Thursday’s “Hannity” on the Fox News Channel. Trump said, [relevant remarks begin around 5:50] “[T]he only thing I am talking about
Mike Waite, who works at a McDonald’s in Scotland, posted an inspiring message on Facebook, denouncing people who have a negative outlook on employees of the fast food restaurant.
President Obama said that “Through deeds that match our words, let’s give mothers the respect they deserve” with policies like “paid maternity and paternity leave, sick leave, accommodations for workers who are pregnant, good health care, affordable child care, flexibility
Union workers rallied on the campus of the University of California Berkeley Thursday in opposition to the first layoff notice given to a clerical employee as part of a planned series of hundreds of layoffs aimed at erasing a $150 million debt the school has incurred.
Presumptive Republican presidential nominee Donald Trump said that you can’t live on the current federal minimum wage of $7.25-an-hour and that he was “looking at that, because I’m very different from most Republicans. I mean, you have to have something
The first accomplishment of California’s pioneering $15 minimum wage law is killing the revival of America’s clothing industry.
Republican Paul Ryan and Democrat Minority Leader Nancy Pelosi know that if Puerto Rico misses missing general obligation bonds interest payments on May 1, it will soon not have sufficient cash flow to pay government salaries and welfare benefits — and an exodus to the U.S. mainland could follow.