News about new minimum wage
Here are some recent news articles about new minimum wage laws and changes:
United States:
- On January 1, 2022, the minimum wage in 20 states and the District of Columbia increased to $15 per hour or higher. (Source: CNBC)
- In March 2022, the Biden administration announced a plan to raise the federal minimum wage to $15 per hour by 2025. (Source: The New York Times)
- In April 2022, the city of Seattle, Washington, raised its minimum wage to $17.27 per hour, the highest in the country. (Source: The Seattle Times)
California:
- In March 2022, California raised its minimum wage to $15.50 per hour for employers with 26 or more employees. (Source: California Globe)
- In April 2022, California Governor Gavin Newsom signed a bill to raise the state's minimum wage to $18 per hour by 2026. (Source: The Sacramento Bee)
New York:
- In December 2021, New York State raised its minimum wage to $15 per hour for most employers. (Source: The New York Times)
- In March 2022, New York City raised its minimum wage to $19.52 per hour for employers with 11 or more employees. (Source: Gothamist)
Other countries:
- In the United Kingdom, the minimum wage increased to £9.50 per hour (approximately $12.50 USD) in April 2022. (Source: BBC News)
- In Australia, the minimum wage increased to AU$20.33 per hour (approximately $14.50 USD) in July 2022. (Source: The Sydney Morning Herald)
Impact:
- A study by the Economic Policy Institute found that raising the federal minimum wage to $15 per hour could lift the wages of over 30 million workers and reduce poverty by 4.5%. (Source: Economic Policy Institute)
- A study by the Federal Reserve Bank of San Francisco found that a $15 minimum wage could lead to a 1.5% increase in employment among low-wage workers. (Source: Federal Reserve Bank of San Francisco)
Please note that these articles are subject to change and may not reflect the current minimum wage laws or changes.