Minimum Wage

Employer Practices Limit Workers’ Choices and Wages, U.S. Study Argues

Lack of competition, the Biden administration argues, goes a long way to explain why pay for a large share of the American work force is barely higher, after accounting for inflation, than it was a half-century ago. “The fact that workers are getting less than they used to is a longstanding problem,” Ms. Stevenson, who […]

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$15 minimum wage for federal contractors will take effect Jan. 30.

Employees of federal contractors will make at least $15 per hour under a final rule that the Labor Department announced Monday, providing a likely wage increase for over 300,000 workers, according to administration estimates. The wage floor will affect contracts that are executed or extended beginning on Jan. 30, 2022. The current minimum wage for […]

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