LOOP 21 The power of being different

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Progress: A Pay Hike For Minimum Wage Workers In New York?

2 months ago

Gov. Cuomo says a budget deal could add $1.25 to hourly employees

New York state’s leaders have agreed on a $135 million budget deal that raises the minimum wage. The state’s minimum wage, now at $7.25 an hour, would rise to $9 an hour by 2015. Gov. Andrew Cuomo says there may be minor changes to the budget bill before it is brought to a vote on Saturday or Sunday. Raising the minimum wag is certainly a tip of the hat to President Obama’s push to do the same on the federal level. This is certainly welcomed news for New York City’s retail and fast food workers, who began striking last year to demand more pay and better benefits. Truth is, some are hoping for a pay hike even larger than that. At $9 an hour, that’s still living below the poverty line. (Reuters)

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Large Majority of Americans Support Obama's Call to Raise Minimum Wage

2 months ago

Opposers believe it would cut into job growth

The majority of Americans support President Obama’s proposal to increase the minimum wage. In his most recent State of the Union address, Obama called to raise the federal wage from $7.25 an hour to $9. Some 71 percent of those surveyed were in support of the change, while 27 percent opposed it. While Gallup's Lydia Saad called boosting the wage a typical "crowd pleaser," she also added that the support "may be a bit dampened by continued high unemployment, and could reflect public awareness of critics’ argument that raising the minimum wage causes employers to cut back on workers." The majority of Democrats as well, at 91 percent, supported the minimum wage increase, compared to 50 percent of Republicans who have said they oppose raising the wage because they believe the hike would cut into job growth. Some Democrats, meanwhile, say Obama’s proposal doesn’t go far enough, and have proposed a bill to set the minimum wage at $10.10 over three years. (NBC News)

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Pay Hike! Obama Proposes $9 Minimum Wage, Income Equality

3 months ago

Moderate increase would help slow the widening socioeconomic gaps

Nine dollars! Why not $10 or $12?  President Barack Obama, in his State of the Union address on Tuesday, boldly proposed an increase in the federal minimum wage. The president called for an additional $1.75 per hour for cooks, janitors, and other low-wage workers. The current wage is $7.25. The minimum wage proposal is an attempt to address the country’s staggering levels of income inequality; but it does not, when adjusted for inflation, reach the peak experienced in the 1960s and 1970s. In other words, although $9 would be the highest in three decades, that ain’t enough. Obama, however, is proposing that the federal floor on hourly wages be tied to inflation so that it rises along with the lost of living. That’s certainly welcomed news for fast food workers across the country, who late last year joined with labor unions and staged strikes to demand pay increases. As expected, Obama proposal sent conservatives and liberals running to their corners, either to  praise the idea or decry its burden on job creators. (New York Times)

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Minimum Wage Goes Up in 10 States

4 months ago

Increase will amount to an extra $510 dollars per year for some workers

Wealthy Americans aren’t the only ones who will see an increase in 2013. For minimum wage workers it’s an increase of a different kind; 10 states have increased their minimum wage rates by 10 to 35 cents per hour, booting the incomes of nearly 1 million low-wage U.S. employees. The increase puts any where between $190 and $510 extra per year into the pockets of the average minimum-wage worker, according to analysis by the National Employment Law Project. The new rates went into effect on Tuesday in Arizona, Colorado, Florida, Missouri, Montana, Ohio, Oregon, Rhode Island, Vermont and Washington. The federal minimum wage is $7.25 per hour or $15,000 per year for a full-time minimum wage earner. As of Jan. 1, 19 states and the District of Columbia have minimum wage rates above the federal level. (Reuters)

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