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.
September 6, 2024
Tracking State Wage Hike Proposals Heading into Election Season
August 30, 2024
What Do Economists Really Say about Wage Hikes?
Recently, the Democratic National Committee released its party platform that included raising the federal minimum wage to $15 per hour. Around the same time, Princeton economist Alan Blinder…
August 23, 2024
Federal Government Estimates Show $15 Federal Wage Would Kill Jobs
This week during the Democratic National Convention, the party unveiled its official platform, which included raising the minimum wage up to $15 an hour by 2026 across the…
August 16, 2024
California’s Fast Food Industry Isn’t Keeping Up with Neighbors
It’s no secret that California’s fast food industry has taken a hit due to the recent $20 minimum wage law. National news headlines reveal restaurants have had to lay off…
August 9, 2024
Lawmakers Can Save MI Tipped Employees from One Flat Wage
Last week, the Michigan Supreme Court ruled that the state legislature’s use of an ‘Adopt and Amend’ strategy on a 2018 wage hike ballot measure was unconstitutional. As…