News on minimum wage today

Here are some recent news updates on minimum wage:

United States:

On January 1, 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, this increase was not indexed to inflation, meaning that the purchasing power of the minimum wage has actually decreased over time.
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.
Several states and cities have implemented higher minimum wages, including California ($15 per hour), New York ($15 per hour), and Seattle ($16.39 per hour).

International:

In the United Kingdom, the minimum wage for adults increased from £8.91 to £9.50 per hour on April 1, 2022.
In Canada, the federal minimum wage is $15.00 per hour, and several provinces have implemented higher minimum wages, including Ontario ($15.00 per hour) and British Columbia ($15.65 per hour).
In Australia, the minimum wage increased from AU$19.49 to AU$20.33 per hour on July 1, 2022.

Recent Research:

A study by the Economic Policy Institute (EPI) found that increasing the federal minimum wage to $15 per hour would lift the wages of over 30 million workers and reduce poverty by 4.5 million people.
A study by the Federal Reserve Bank of San Francisco found that a $15 minimum wage would have a positive impact on the economy, including reducing income inequality and increasing economic growth.

Recent Developments:

In March 2022, the Senate passed the "Raise the Wage Act," which would gradually increase the federal minimum wage to $15 per hour by 2025. The bill is now pending in the House of Representatives.
In April 2022, the city of Los Angeles passed a ballot measure to increase the minimum wage for hotel workers to $25 per hour by 2025.

These are just a few examples of recent news and developments related to minimum wage. If you're looking for more information, I'd be happy to help!