A new survey of small business owners finds the majority favor an increase of the federal minimum wage.
It has been widely reported that Republicans contend President Obama's proposed hike to the federal minimum wage would be a job-killer. But that's not how Republican small business owners feel, if a new poll released by the Small Business Majority is any indication.
On the same day he delivered his State of The Union address this week, President Barack Obama announced that he was increasing the minimum wage for federal contractor workers to $10.10 per hour. There’s mixed reaction to the idea...
The federal minimum wages stands at $7.25 an hour. Many agree that raising the minimum wage re-adjusts it to 1960s levels; for example, the $1.60 minimum wage of 1968 was worth more than $10.50 in 2013 dollars.
Protesters greeted Governor Andrew Cuomo when he appeared at New York City's Harvard Club for a re-election campaign "conversation" Thursday.
About 100 demonstrators carried signs and recited chants, urging Cuomo to move to raise the state minimum wage and ban hydrofracking. Community activist Jo Ann Lum: "So we're out here to say, like, Cuomo, you messed up with the minimum wage bill that you passed. You gotta take steps immediately to make sure this is straightened out."
The minimum wage in Massachusetts is currently $8 per hour, the rate was set in 2008 and does not adjust for inflation.
The federal rate is currently $7.75, but President Obama has requested that Congress raise the rate to $9 per hour and index the rate to inflation.
The bill, filed by Democratic State Senator Marc Pacheco of Taunton, would seek to raise the Bay State’s minimum wage to $11 dollars over three years. Pacheco said that although the $3 increase may seem dramatic, the amount more accurately reflects the value of the minimum wage in 1968 adjusted for inflation.