What is the minimum wage?
The minimum wage is the starting hourly wage an employer can pay an employee for work. Currently, the federal minimum wage is $7.25 an hour (part of the Fair Labor Standards Act). Some states and cities have raised their minimum wage higher than that. In most instances, the higher of the prevailing minimum wage requirements is binding for employers.
News
February 26, 2021
Wyden/Sanders proposal is Dems’ latest idea to kill jobs
Faced with a stinging defeat on minimum wage from the Senate Parliamentarian, Democrats are eager to find another avenue to kill jobs while deceptively screwing smaller businesses. The so-called “Plan…
February 25, 2021
Pres. Biden’s “Relief” Plan Will Cause Up to 2.7 Million Job Losses
On Thursday, the Employment Policies Institute (EPI) ran a full-page ad in the Washington, DC edition of the Wall Street Journal, condemning President Biden and Sen. Bernie Sanders’ $15…
February 19, 2021
Permanent Minimum Wage Mandates Will Harm Small Biz, Despite Temporary Tax Relief
President Biden and Senate Democratic leadership continue to grapple over whether a standalone minimum wage bill can be passed as part of a budget resolution package for Covid relief. Proponents…
February 12, 2021
CBO Analysis Find $15 Wage Would Kill 1.4M Jobs, Punish Young and Less-Educated
This week, the Congressional Budget Office released a report detailing the impacts of enacting Democrats’ $15 minimum wage proposal. The report reveals the devastating impacts of enacting this wage…