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Special Report on

Increase in Federal Minimum Wage

increase in federal minimum wage special research report Photo by
It is an idea that should get more attention particularly from policy makers in Washington. It addresses many of the issues related to the current shortcomings of our current minimum wage. Some people might be saying how can you talk about minimum wage increases when we have unemployment (official) at 9.4%. I say to them: "go suck an egg". The increase in the minimum wage, currently at $6.55 per hour and is expected to go up to $7.25 per hour on July 24, 2009, may have actually created some economic stimulus. Some studies indicate that 11.8 million people are directly effected by an increase in federal minimum wage. ...
that employers may legally pay to employees or workers. Equivalently, it is the lowest wage at which workers may sell their labor. Although minimum wage laws are in effect in a great many jurisdictions, there are differences of opinion about the benefits and drawbacks of a minimum wage. Supporters of the minimum wage say that it increases the standard of living of workers and reduces poverty. 1 Opponents say that if it is high enough to be effective, it increases unemployment, particularly among workers with very low productivity due to inexperience or handicap, thereby harming lesser skilled workers to the benefit of better ...
democrats block congressional pay raise in quest for minimum wage ...
Democrats announced plans Monday to block a proposed Congressional pay raise unless the federal minimum wage sees its first increase in nearly a decade. The Democrats, frequently accused by Republicans of lacking initiative, seek to establish a coherent policy platform in the run-up to the 2006 Congressional elections as well as show that they have what it takes to attack Republicans over popular issues. The ambitious Democrat legislation seeks to increase the federal minimum wage gradually; currently $5.15, under the proposed plans this would increase in 70-cent increments until January 2009, where it would remain at $7.25. ... market research, surveys and trends
Increase In Federal Minimum Wage Reminder
Nebraskan, Akshay Rajagopal, is the 2008 winner of the 20th annual National Geographic Bee. The bee, conducted by the National Geographic Society (NGS), is a nationwide event with participants from all 50 states, the District of Columbia, U.S. territories and Department of Defense Dependents Schools. It was developed in 1989 in response to a concern about the lack of geographic knowledge among young people in the United States. See today's eNotes for details on Rajagopal's win. Increase In Federal Minimum Wage Reminder On May 25, 2007, President George Bush signed a spending bill that amended the Fair Labor Standards ... market research, surveys and trends


News | Cavey & Barrett
In 2010, the Social Security Administration anticipates 3.3 million disability applications. This will slow down the process of obtaining benefits for those who need Social Security Disability Benefits. Social Security and VA Sharing Electronic Records The Social Security Administration has a program for sharing electronic records online with its wounded warriors program. Social Security Releases Open Government Plan | Social Security Claims Social Security Releases Open Government Plan from the website New Jersey Residents Wait Longer for Social Security Disability In New Jersey, reports that people of the state ... industry trends, business articles and survey research
The Top Five Corporate Tax Issues of 2007
U.S. Congress, the IRS and the tax courts were all busy with new tax developments in the form of new legislation, interpretation and legal resolution. January 24, 2008 by Mary Bernard, CPA/MST In an unusually active year, several groundbreaking tax developments occurred in 2007 with far-reaching effects for corporations. Here, we’ll look at the top five corporate tax developments. A future column will be devoted exclusively to the important IRS tax court losses during 2007 impacting corporate taxpayers. The Small Business and Work Opportunity Tax Act of 2007. This expansive Small Business Tax Act directed nearly ... industry trends, business articles and survey research
State pay cut could ravage Sacramento region
Dave Loewen, left, of Woodland and Phil Grawey of Sacramento have a drink at the Cosmo Cafe on the K Street Mall. Trouble looms for area businesses if state workers' pay is cut to the federal minimum wage during the budget impasse. Gov. Arnold Schwarzenegger discusses his order to lower state workers' pay. Robin Ritts, owner of the Robin Lyle dress shop near the Capitol, says the possibility of the vast majority of the state work force being reduced to minimum wage leaves her uneasy. "This feels different," she says. "I don't think things are going to get better soon." The State Worker blog ... market trends, news research and surveys resources
Wage reality
On July 1, Illinois hiked its minimum wage by 25 cents to $8.25 an hour, which is $1 above the federal minimum and higher than our neighboring states. When state Sen. Bill Brady, the Republican candidate for governor, suggested this was a bad idea, Gov. Pat Quinn had a field day. Easy pickings for Quinn: Brady's looking out for the bosses, I'm looking out for the working people. How about a reality check? The higher minimum wage in Illinois will keep some people from finding jobs because there will be fewer jobs to find. It's not as if the research on this is just now trickling in. When you raise the price of ... market trends, news research and surveys resources


The Effect of the Minimum Wage on the Fast Food Industry
Table 5: Regressions of Employment Changes on Wage Changes Mandated by. Increase in Federal Minimum Wage of April 1991. Change in Log. Employment ... technology research, surveys study and trend statistics
Au Pair Notice of Federal Minimum Wage Increase
FEDERAL MINIMUM WAGE INCREASE. All Au Pair sponsors are advised that on May 25, 2007, President Bush signed into law. (P.L. 110-28) an appropriations bill, ... technology research, surveys study and trend statistics
The Effects of Increases in the Minimum Wage
The debate over increasing the minimum wage usually includes claims about the impact of this action on employment levels and wage levels. This report examines data and studies that compare minimum wage levels and employment levels by state. Table 1 lists the states with minimum wage rates above the federal level. Table 1: States with Minimum Wage Rates above the Federal Level The Princeton Study In order to determine if higher minimum wage leads to a higher unemployment two economic professors at Princeton University (David Card and Alan Krueger) conducted a study on minimum wage hikes with a focus on the New Jersey ...
  1. profile image Raghav_HRGuru Minimum Wage Increase: The increase in the federal minimum wage on July 24, 2008 from $5.85 to $6.55 an hour, had
WikiAnswers - How much is minimum wage for salary in IN
Rookie- $457 588 going up every year until 10th year where it the minimum is $1 306 455 these stats are for the 2009-2010 season and do go up every single NBA season How much is minimum wage for 2009? around $11 Each state sets its own minimum wage so there is no exact number. How much is minimum wage in michigan? The federal minimum wage increase will occur in three steps: This year it increased by 70 cents, from $5.15 per hour to $5.85 per hour; One year later, in 2008, it will rise to $6.55; and In 2009,... How much is the UK minimum wage ? £3.40 if you are under the age of 18 How much is minimum wage now? Under U.S ...
How is it legal for servers to make less than minimum wage?
There is no one particular standard "minimum wage".  Rather the idea of "minimum wage" is the lowest amount an employer can pay a particular class of employees.   It's this "class" of employees that results in your question.  Very specifically, "tipped employees" are a class of employee for which the standard federal minimum wage does not apply.  Instead, employers must pay a tipped employee at least $2.13 / hour.  HOWEVER, the law also states that if an employee's wage plus that employee's tips do not equal at least the standard minimum wage (currently $5.85 nationally, higher in some ...