Blog Posts  (Page13)

The “Fight for $15” was started by the Service Employees International Union (SEIU) as a way to boost union membership back in 2012. While the $15 number has become a popular target, the SEIU admittedly picked it because it sounded good, not because it has any significance or economic…

Pro-hike interest groups have propped up one study over the decades to make their case for ever-higher increases to the minimum wage – and economists have continually debunked it. Yet incredibly, the Royal Swedish Academy of Sciences chose author David Card to receive the Nobel Prize in Economic Sciences…

As the Virginia race for governor heats up, Democratic candidate and former Governor Terry McAuliffe is doubling down on his platform to speed up the path to hit a $15 per hour state minimum wage. The state has already enacted a path to $12 per hour, with potential to reach…

After Sen. Bernie Sanders introduced his bill to raise the federal minimum wage to $15 earlier this year, the nonpartisan Congressional Budget Office projected the legislation could cost up to 2.7 million jobs nationwide. Raising the minimum wage would create a costly tradeoff – some would get a pay…

A new study published by the National Bureau of Economic Research adds new evidence to the economic literature that minimum wage hikes, especially large ones, have negative consequences for employees. In this analysis, economists Jeffrey Clemens at the University of California, San Diego and Michael Strain at the American…

Consumer prices increased by 5.3% in August over the last 12 months – creating some cause for concern amid economic recovery from the pandemic. According to the Bureau of Labor Statistics’ latest release this week, food-at-home prices rose by 3%, and food-away-from-home (i.e. restaurant) prices rose 4.7%. Energy…

A new study published by the National Bureau of Economic Research corroborates the existing economic literature: raising tipped minimum wages is actually harmful to tipped workers, and does not effectively address poverty despite what anti-tip credit activists claim. Drs. David Neumark and Maysen Yen at the University of California-Irvine find…

After getting nixed from this past spring’s reconciliation bill due to procedural rules, the federal $15 minimum wage proposal has been sidetracked given other legislative priorities for Democrats and the Biden administration. Nevertheless, the so-called “Fight for $15” movement has pushed forward in other arenas, including corporate minimum wage campaigns…

Larry Elder is running in what appears to be a close race to replace current California Governor Gavin Newsom if voters elect to recall him. Elder says he is basing his campaign on “common sense” principles, and alarmed some Californians a few weeks ago when he said “the ideal minimum…

The Restaurant Opportunities Center (ROC) and its affiliated non-profit One Fair Wage (OFW) have relentlessly demanded that New York state lawmakers scrap the tip credit, which allows restaurant employers to count tips towards the minimum wage requirement. While it aggressively pushed Governor Andrew Cuomo to raise the state minimum wage…