Apr 10 Why did Walmart raise its wages? By Benn Steil and Dinah Walker This article is reproduced with permission from Forbes. Find the original story here. Walmart recently announced that it was raising its minimum starting wage to $9 an hour, 24% higher than the federal minimum. Since Walmart is… Continue reading
Feb 22 Watch 3:24 What will Wal-Mart’s wage hike mean for workers and the economy? By PBS News Hour Wal-Mart made news this week by announcing that it is raising the wages for its employees above the federal minimum wage of $7.23 an hour to $9 an hour and to $10 an hour next February. To discuss the broader… Continue watching
Feb 19 Walmart gives into criticism, plans to raise minimum wage to $9 an hour By Jasmine Wright The nation’s largest private employer, Walmart, announced on Thursday that they will be raising their minimum wage to at least $9 an hour, according to the Associated Press. Continue reading
Jan 28 How to raise the minimum wage 107 percent without losing jobs or profit By Simone Pathe When the Congressional Budget Office assessed the president's proposal to raise the minimum wage to $10.10 last year, it predicted 500,000 jobs could be lost. But a new study suggests that the fast-food industry could gradually increase the minimum wage… Continue reading
Jan 20 Obama spotlights middle class plight, vows to help By Simone Pathe In Tuesday’s State of the Union address, President Barack Obama celebrated "middle-class economics" and laid out a series of additional proposals to ensure the working class is included in the economic recovery. Continue reading
Jan 01 Watch Would giving low-wage workers a raise do more damage than good? By PBS News Hour Continue watching
Jan 01 Want to watch economists fight? Bring up the minimum wage By Anya van Wagtendonk In the course of just the past two days, the minimum wage jumped up in 21 states — and odds are, you’ve got an opinion about that. So does the academic world, which has studied — and argued over —… Continue reading
Jan 01 Undisputed facts about the minimum wage By Simone Pathe The minimum wage is increasing in 29 states this year. Who are minimum wage workers? And what do they look like? We boil down the facts behind the minimum wage debate. Continue reading
Dec 28 What will Obama’s final two years as president bring? By Julie Pace, Nancy Benac, Associated Press The Yes-We-Can man is entering a twilight of maybes, his presidency still driven by high ambitions but his power to achieve them running out. Continue reading
Dec 21 Watch 3:17 McDonald’s charged with abusing workers over wage protests By PBS News Hour A lawyer from the National Labor Relations Board filed formal complaints against McDonald's and some of its franchises on Friday. To unpack this story further, Steven Greenhouse, a former correspondent for the New York Times, who has covered labor issues,… Continue watching