Rantburg

Today's Front Page   View All of Mon 01/25/2021 View Sun 01/24/2021 View Sat 01/23/2021 View Fri 01/22/2021 View Thu 01/21/2021 View Wed 01/20/2021 View Tue 01/19/2021
2016-01-02 Economy
New year brings minimum wage hikes for Americans in 14 states
[REUTERS] As the United States marks more than six years without an increase in the federal minimum wage of $7.25 an hour, 14 states and several cities are moving forward with their own increases, with most set to start taking effect on Friday.

Caliphornia, an impregnable bastion of the Democratic Party, and Massachusetts are highest among the states, both increasing from $9 to $10 an hour, according to an analysis by the National Conference of State Legislatures. At the low end is Arkansas, where the minimum wage is increasing from $7.50 to $8. The smallest increase, a nickel, comes in South Dakota, where the hourly minimum is now $8.55.

The increases come in the wake of a series of "living wage" protests across the country, including a November campaign in which thousands of protesters in 270 cities marched in support of a $15-an-hour minimum wage and union rights for fast food workers. Food service workers make up the largest group of minimum-wage earners, according to the Bureau of Labor Statistics.

With Friday's increases, the new average minimum wage across the 14 affected states rises from $8.50 an hour to just over $9.

Several cities are going even higher. Seattle is setting a sliding hourly minimum between $10.50 and $13 on Jan. 1, and Los Angeles and the Socialist paradise of San Francisco
...where God struck dead Anton LaVey, home of the Sydney Ducks, ruled by Vigilance Committee from 1859 through 1867, reliably and volubly Democrat since 1964...
are enacting similar increases in July, en route to $15 an hour phased in over six years.

Backers say a higher minimum wage helps combat poverty, but opponents worry about the potential impact on employment and company profits.

In 2014, a Democratic-backed congressional proposal to increase the federal minimum wage for the first time since 2009 to $10.10 stalled, as have subsequent efforts by President Barack Obama
Ready to Rule from Day One...
. More recent proposals by some politicians call for a federal minimum wage of up to $15 an hour.

Alan Krueger, an economics professor at Princeton University and former chairman of Obama's Council of Economic Advisers, said a federal minimum wage of up to $12 an hour, phased in over five years or so, "would not have a noticeable effect on employment."

Some employers may cut jobs in response to a minimum-wage increase, Krueger said, while others may find hikes allow them to fill job vacancies and reduce turnover, lifting employment but lowering profits.

In recent years, an increasing number of states and municipalities have enacted their own wage floor policies. Currently, 29 states plus the District of Columbia and about two dozen cities and counties have their minimum wage at levels higher than the federal minimum.

Many are now in the midst of multi-year phase-in plans that will ultimately take them to between $10 and $15 an hour.

The 14 states where increases take effect on Friday are: Alaska, Arkansas, California, Colorado, Connecticut, Hawaii, Massachusetts, Michigan, Nebraska, New York, Rhode Island, South Dakota, Vermont and West Virginia.

The non-partisan Congressional Budget Office estimated 2014 federal proposal would have raised the wages of 16.5 million Americans and lifted 900,000 of them out of poverty but would have cost as many as 1 million jobs.
Posted by Fred 2016-01-02 00:00|| E-Mail|| Front Page|| [669 views ]  Top

#1 Rise in unemployment claims and business closings coming in 2016 as well.
Posted by DarthVader 2016-01-02 00:25||   2016-01-02 00:25|| Front Page Top

#2 The boil is slow enough that no frogs will even make the association to the smell of chicken noodle soup in their hot tub.
Posted by Super Hose 2016-01-02 00:42||   2016-01-02 00:42|| Front Page Top

#3 We used to be able to say that burgers can't flip themselves. That will change now.
Posted by gorb 2016-01-02 00:54||   2016-01-02 00:54|| Front Page Top

#4 Aren't the Liberals the ones who made it too expensive to live in the first place?
Posted by Newc 2016-01-02 01:32||   2016-01-02 01:32|| Front Page Top

#5 This is all BS to give union members a stealth wage hike.

Almost all union contracts do not indicate the wage level as a stand alone figure. The wage is determined by minimum + some number. So when minimum gets raised so does the pay rate of any union employees under this type of contract.

This was never about "living wages" but about typical Union thug behavior.
Posted by no mo uro 2016-01-02 05:15||   2016-01-02 05:15|| Front Page Top

#6 Not certain of that No Mo, you hear it a lot tho.
Posted by Shipman 2016-01-02 06:55||   2016-01-02 06:55|| Front Page Top

#7 Rise in unemployment claims and business closings coming in 2016 as well.

Two for one. More unemployed & more illegals---all voting the right way.
Posted by g(r)omgoru 2016-01-02 08:05||   2016-01-02 08:05|| Front Page Top

#8 Increasing the minimum wage is an inefficient way to reduce poverty, according to a Fed research paper that comes amid a national clamor to hike pay for workers at the low end of the salary scale.
Posted by Deacon Blues 2016-01-02 09:22||   2016-01-02 09:22|| Front Page Top

#9 Ship, I think no mo uro is referring to the fact that many union contracts have automatic escalators tied to the minimum wage. Those are much more expensive, in aggregate, than the min-wage.
Posted by AlanC 2016-01-02 09:50||   2016-01-02 09:50|| Front Page Top

#10 grom, maybe we can start calling that GOLO, Get One Lose One. Just a thought.
Posted by AlmostAnonymous5839 2016-01-02 11:41||   2016-01-02 11:41|| Front Page Top

#11 The minimum wage has been, is now, and will remain zero.
Posted by Matt 2016-01-02 12:17||   2016-01-02 12:17|| Front Page Top

#12 The REAL minimum wage is whatever people on welfare get.

What the government pays people not to work.
Posted by no mo uro 2016-01-02 12:41||   2016-01-02 12:41|| Front Page Top

#13 Yep. About $45,000 if you count health insurance, rent subsidies, food stamps, unemployment, energy assistance, . . . .
Posted by gorb 2016-01-02 12:50||   2016-01-02 12:50|| Front Page Top

#14 And that doesn't include any 'side income' from dealing drugs, stealing aquisition and selling of property, etc...
Posted by CrazyFool 2016-01-02 12:54||   2016-01-02 12:54|| Front Page Top

#15 In a way this is a good thing. Low skill workers will be too expensive. They'll be replaced with robots who will do a better job.
Posted by Iblis 2016-01-02 16:55||   2016-01-02 16:55|| Front Page Top

#16 Anyone who wants to make a living flipping burgers is a hopeless looser.
Posted by Deacon Blues 2016-01-02 18:15||   2016-01-02 18:15|| Front Page Top

#17 Not certain of that either AlanC. Maybe tho. Again, it's bandied about a lot so there may be something to it, but I've never seen a contract with a minimum wage base multiplier.
But who knows?
Posted by Shipman 2016-01-02 18:20||   2016-01-02 18:20|| Front Page Top

16:24 Rambler in Virginia
16:23 g(r)omgoru
16:22 Rambler in Virginia
16:22 Bobby
16:20 Bobby
16:19 Frank G
16:13 CrazyFool
16:05 Marilyn Untervehr4892
15:58 Glenmore
15:57 Raj
15:40 CrazyFool
15:36 CrazyFool
15:24 magpie
15:23 Bobby
15:22 Clem
15:20 g(r)omgoru
15:17 magpie
15:12 Procopius2k
15:02 jpal
14:51 jpal
14:47 trailing wife
14:44 Rambler in Virginia
14:44 Steve White
14:41 Rambler in Virginia
Merry-Go-Blog










Paypal:
Google
Search WWW Search rantburg.com