Unions may be pushing for President Obama’s massive minimum wage hike, but many seek special carveouts from existing wage laws, according to a new study.
Minimum wage hikes hurt the people that politicians claim to help, according to a new study.
University of California at San Diego professors Jeffrey Clemens and Michael Wither found that the $7.25 minimum wage passed in 2007 contributed to job losses for entry level and low-skilled workers. The wages may have been high on paper, but the take home pay for workers fell during the first three years of the new wage.
Protests organized by a union front group intended to jam up tourists at Washington, D.C.’s, Air and Space Museum on Thursday failed to curb the appetites of customers or the efficiency of McDonald’s workers.
Seattle-based group The Freedom Socialist Party, which owns socialism.com and regularly campaigns for a $15/hour minimum wage, added a job posting Wednesday that offers just $13 an hour.
The Department of Labor has engaged in an impressive display of mental gymnastics as it seeks to downplay concerns about the potential upheaval caused by President Obama’s executive order mandating a 40 percent minimum wage hike for federal contractors.
The Department of Labor ignored pleas from the military, small businesses, and other agencies to push through President Obama’s minimum wage hikes on military bases.
The CEO behind America’s greatest hamburger chain says that President Obama’s 40 percent minimum wage hike is a cynical political ploy that will hurt the poor and the middle class.
Companies will replace low-skilled workers with machines if President Obama’s 40 percent minimum wage hike passes, according to a survey of top accounting professionals.