Minimum Wage

Just years after labor activists persuaded a handful of states to raise their minimum wage to $15 per hour, workers initially thrilled with the pay bump are finding their hard-won gains erased by inflation. New York, California, and Massachusetts are among states where legislation has been filed to boost minimum wages to $20 or more. But opponents to hikes in...

New polling suggests statewide support for another minimum wage hike and as Massachusetts lawmakers weigh a push to raise the wage floor, an advocacy coalition is now actively pondering a ballot question to “force the issue.” Getting back to the numbers for now, 59% of Bay State voters said they would support raising the minimum wage in Massachusetts to $20…

The new year brought another minimum wage increase in Massachusetts. Effective Sunday, Jan. 1, the minimum wage is $15 per hour, up from $14.25 per hour.

As of the new year, Massachusetts has one of the highest minimum wages in the country. It took years of fighting for the price hike to happen, and it comes as we are dealing with the highest inflation in decades.

The company says the plan is designed to help employees deal with persistent inflation, and to help the company attract and retain top talent, lessening turnover.

Minor league players and Major League Baseball have reached a settlement in a lawsuit alleging teams violated minimum wage laws. Terms of the settlement were not filed with the court Tuesday and details were not released.

Target says it is raising its minimum wage up to $24 an hour for workers in stores and distribution centers in competitive markets.

The Living Wage Act of 2022, which aims to raise California’s minimum wage to $18, began to collect signatures in February.

A new program plans to give Black women in Georgia up to $850 in guaranteed income per month. Similar experiments are also taking place across the country.

Economists say employers will continue to give big pay raises, but they won’t solve the labor shortage and could contribute to rising inflation.

Federal agencies were told on Friday to raise the minimum wage to $15 for workers, according to a memo from the Office of Personnel Management.

Restaurant owner Stephanie Bonin started a petition for monthly payments in March 2020. Nearly two years later, the cause still resonates with many Americans.

Twenty-six U.S. states will raise their minimum wage in 2022. Activists have pushed for $15 an hour, but some are setting their sights on an $18-per-hour rate.

A push to raise the federal minimum wage to $15 per hour failed this year. Now, many states are poised to raise their own minimum pay next year.

As lawmakers debate whether to give Americans more aid through the Build Back Better Act, a survey shows that the savings gap has widened.

Bleakley Advisory Group’s Peter Boockvar believes the Federal Reserve should have pulled back its pandemic aid policies much sooner.

The earned income tax credit has been made more generous. That means some workers could see bigger tax refunds next year.

Almost half of American families with young children have had a high risk of falling into poverty. That could have lasting effects on their children’s lives.

Last Thanksgiving was characterized by long lines for food. This year, food banks say they’re still seeing high demand, along with new economic challenges.