Washington, D.C. will lose thousands of jobs as the district’s plan to raise the minimum wage to $15 goes into effect, while the higher wages will primarily benefit workers in the surrounding suburbs, according to a new report by the city’s chief financial officer.
The fast-food chain Wendy’s plans to install self-order kiosks at 1,000 restaurants across the country in order to cut rising labor costs amid minimum wage hikes in several states.
Minimum wage increases over the next several years will result in 1.8 million job losses, according to a report from the American Action Forum.
CARACAS (Reuters) – Venezuela’s socialist President Nicolas Maduro announced on Sunday a 50 percent hike in the minimum wage and pensions, the fifth increase over the last year, to help shield workers from the world’s highest inflation rate.
Four states passed steep increases to the minimum wage on Election Day, but three of those ballot initiatives failed to drive opposition against Donald Trump and other candidates skeptical of a federal increase.
Proposed minimum wage increases on the ballot in the states of Arizona, Colorado, Maine, and Washington could lead to the loss of some 290,000 jobs, according to a report from the American Action Forum.