Minimum Wage News
Reports on wage policy, business impact, and labor market debates. The Daily Signal includes conservative commentary and opinion on minimum wage issues.
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news
Starbucks CEO: Minimum Wage Hike ‘Right Thing to Do’ Despite ‘Traumatic Effects’ on Small Business
Starbucks CEO Howard Schultz said he supports an increase to federal minimum wage even though it could have “traumatic effects” on small business owners and employees. In an interview with CNN Money’s Poppy Harlow, Schultz declined to say what he thinks the minimum wage should be, but he said the $15 minimum wage enacted in his… -
opinion
IMF Channels Obamanomics on U.S. Minimum Wage
This week the International Monetary Fund’s (IMF) annual U.S. economy review urged an increase in the U.S. minimum wage rate, describing it as “low by both historical and international standards and saying an increase would raise incomes for millions of working poor Americans.” Actually, it’s just the opposite. As Heritage’s James Sherk testified last year,… -
news
Seattle Mayor Says $15 Minimum Wage Is ‘Model for the Nation’
A week ago, Seattle made history when it bumped its minimum wage to $15 an hour, and yesterday Mayor Ed Murray defended the city’s move, trumpeting it as a “model for the nation.” Murray argued that the minimum wage hike is key to Washington state’s recovery. “If we want to regain our economic strength and… -
news
Consumers Hit With Surcharge to Cover City’s $15 Minimum Wage
In the city of SeaTac, Wash., where the minimum wage is now $15 an hour, one business is charging customers a “living wage” surcharge. An airport parking service, Masterpark, “is charging customers an additional 99 cents per parking day,” reported Northwest Watchdog. Near SeaTac, Seattle also is hiking its minimum wage. On Monday, the city…