Current news on minimum wage
Here are some current news updates on minimum wage:
United States:
- In January 2022, the federal minimum wage in the United States increased from $7.25 to $7.25 per hour, as required by the Fair Labor Standards Act (FLSA). However, many states and cities have implemented higher minimum wages.
- In March 2022, the Biden administration proposed a new minimum wage of $15 per hour for federal contractors, which would affect over 400,000 workers.
- In April 2022, a group of Democratic senators introduced a bill to raise the federal minimum wage to $15 per hour by 2025.
State and Local Minimum Wage Updates:
- California: In January 2022, California's minimum wage increased to $15.50 per hour for employers with 26 or more employees.
- New York: In December 2021, New York's minimum wage increased to $14.20 per hour for employers with 11 or more employees.
- Florida: In January 2022, Florida's minimum wage increased to $10.00 per hour, as required by a 2020 ballot initiative.
- Seattle, Washington: In January 2022, Seattle's minimum wage increased to $16.39 per hour, the highest in the country.
International Minimum Wage Updates:
- Canada: In June 2021, the Canadian government announced plans to increase the federal minimum wage to $15 per hour by 2025.
- United Kingdom: In April 2022, the UK government announced plans to increase the national minimum wage to £9.50 per hour (approximately $12.50 USD) in October 2022.
- Australia: In July 2021, the Australian government increased the national minimum wage to AU$20.33 per hour (approximately $14.50 USD).
Minimum Wage Advocacy and Research:
- In March 2022, a report by the Economic Policy Institute (EPI) found that raising the federal minimum wage to $15 per hour would lift the wages of over 30 million workers and reduce poverty and income inequality.
- In April 2022, a study by the University of California, Berkeley found that cities and states that have implemented higher minimum wages have seen significant reductions in poverty and income inequality.
These are just a few examples of current news updates on minimum wage. If you're looking for more information or specific updates on a particular state or country, feel free to ask!