Recent news on minimum wage
Here are some recent 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 bill was introduced in Congress to raise the federal minimum wage to $15 per hour by 2025.
State and Local Minimum Wage Updates:
- California: In March 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 March 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 increased the federal minimum wage to $15.00 per hour, effective July 2021.
- United Kingdom: In April 2022, the UK's National Living Wage (NLW) increased to £9.50 per hour (approximately $12.50 USD) for workers aged 23 and over.
- Australia: In July 2021, the Australian government increased the national minimum wage to AU$20.33 per hour (approximately $14.50 USD).
Minimum Wage Proposals and Debates:
- In the United States, there is ongoing debate about the impact of a $15 minimum wage on small businesses and the economy.
- In the UK, there are calls for a higher NLW to help address poverty and income inequality.
- In Canada, some provinces are considering increasing their minimum wages to help address affordability issues.
These are just a few examples of recent news updates on minimum wage. If you're looking for more information or specific updates on a particular region or country, feel free to ask!