Budgeting experts insist that no more than 30% of an individual's or family's income should be spent on housing. But many simply cannot afford to follow this rule. A study by the National Low Income Housing Coalition (NLIHC) found that US residents earning the minimum wage...
Which US cities are the most affordable with minimum wages, and which are not? Evaluating a city's accessibility involves weighing a number of factors. While the average cost of rent is high, the city's minimum wage and total cost of living are also taken into account, according to GoBankingRates.…
The US Department of Labor announced an annual update to Executive Order 13658, which deals with the minimum wage for federal contracted employees. More details were told by the WWLP edition. The decree came into effect in 2014 when President Barack Obama signed Executive Order 13658 “On ...
The federal minimum wage may not change in 2021, but many states have raised their requirements for this indicator, writes Money Talks News. More than ten years have passed since the federal minimum wage increase. First introduced by Congress in 1938 ...
Some large companies now offer a minimum wage of $ 20 an hour, writes GOBankingRates. The federal minimum wage has remained at $ 7,25 an hour for the past decade, but some large companies have pledged to increase ...
McDonald's will increase hourly wages for its US workers. Entry-level employees will earn from $11 to $17 per hour, and shift supervisors will earn from $15 to $20 per hour, writes Lenta.ru. A 10 percent salary increase will affect...
On Tuesday, April 27, President Biden signed a decree raising the minimum wage paid to federal contractors to $ 15 an hour, writes The New York Times. The new minimum is expected to take effect next year and is likely to increase wages ...
Twenty states are raising their minimum wage rates (some by a few cents, others by a dollar or more) as part of previously planned cost-of-living adjustment efforts or to meet targets such as a minimum wage of ...
A record number of states, cities and counties are raising their minimum wages in 2020, writes CBS News. On or about January 1, the minimum wage will increase in 21 states, while another 26 cities and counties will also increase ...
Like any significant socio-economic phenomenon, raising the minimum wage raises a lot of debate. In New York, although it competes with London for the title of “capital of the world,” the income of a significant part of the population still balances at the subsistence level, millions of people continue to receive salaries...