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Six States Boost Minimum Wage
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Congress, a number of states, and even some cities will raise or consider raising minimum wages this year. Meanwhile, the economy is suffering what may prove to be the fourth consecutive year of a geographically widespread labor market slump, with most states facing uncertain economic situations. In this environment, the minimum wage becomes more important than ever, as a weaker labor market is unlikely to provide low-wage workers the bargaining power required to negotiate fair wages for their labor. Despite the necessity of a minimum wage that allows low-wage workers to meet basic needs, there is still strong opposition to ...
which I thought completely misread the massive job-creation predicament we are in when he declared that the economic recovery largely rested at the doorsteps of America's small businesses, specifically "companies with fewer than 100 employees". Last week I repeated my concern after President Obama went to a submarine sandwich shop in New Jersey to highlight his efforts to support small business growth. I wrote that the United States is not going to create anything close to the 22 million jobs we are 'missing' today by making a shop with just five employees the ... Read More
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SIX STATES BOOST MINIMUM WAGE
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