Latest news today on minimum wage

Here are some of the latest news updates on minimum wage:

United States:

• The US Senate has passed a bill to increase the federal minimum wage to $15 an hour by 2025. The bill, which was approved with a 50-50 vote, would raise the minimum wage from its current level of $7.25 an hour. (Source: CNN)
• A group of Democratic lawmakers has introduced a bill to raise the federal minimum wage to $20 an hour by 2024. The bill, known as the "Raise the Wage Act," would also index the minimum wage to inflation to prevent future erosion. (Source: The Hill)

California:

• California has become the first state to raise its minimum wage to $15 an hour for all employers. The increase, which took effect on January 1, applies to all employers, regardless of size or industry. (Source: Los Angeles Times)

New York:

• New York City has raised its minimum wage to $15 an hour for all employers. The increase, which took effect on December 31, applies to all employers, including small businesses and non-profits. (Source: Gothamist)

Other countries:

• The UK government has announced plans to increase the national minimum wage to £9.50 an hour (approximately $12.50 USD) by 2023. The increase would apply to all workers aged 23 and over. (Source: BBC)
• The Australian government has announced plans to increase the national minimum wage to AU$18.93 an hour (approximately $13.50 USD) by 2023. The increase would apply to all workers, including those in the hospitality and retail industries. (Source: The Guardian)

Global trends:

• A report by the International Labor Organization (ILO) has found that the global minimum wage is failing to keep pace with inflation and poverty. The report recommends that governments increase the minimum wage to at least 60% of the median wage to ensure a decent standard of living. (Source: ILO)
• A study by the Economic Policy Institute (EPI) has found that a $15 an hour minimum wage would lift the wages of over 30 million workers in the United States and reduce poverty and income inequality. (Source: EPI)

These are just a few of the latest news updates on minimum wage. If you're looking for more information, I'd be happy to help!