7 results for tag: increase minimum wage


Amazon Is Hiring 100,000 Workers as Coronavirus Boosts E-Commerce

By Evan Niu, CFA | Mar 18, 2020 With people being urged to stay at home as much as possible during the novel coronavirus pandemic, Amazon.com (NASDAQ:AMZN) has become an inadvertent beneficiary as e-commerce activity and online orders soar. The company announced this week that it would be hiring 100,000 new full- and part-time workers within fulfillment centers and its broader delivery network in order to "meet the surge in demand from people relying on Amazon's service during this stressful time, particularly those most vulnerable to being out in public." Amazon previously increased its minimum wage to $15 per hour in the U.S. back in late ...

Minimum wage to rise to $12.55 by 2022 in Vermont

By Lisa Rathke / February 25, 2020 MONTPELIER, Vt. (AP) — Vermont's minimum wage will increase to $12.55 an hour by 2022 after the Democrat-led House voted Tuesday to override the Republican governor's veto of the bill. The vote was 100-49. Since the Senate voted 24-6 this month in favor of the override, the House's action means the minimum wage increase from the current $10.96 is now law, according to Rebecca Kelley, the governor's spokeswoman. It takes effect July 1. “Today's vote reaffirms the legislature’s commitment to Vermont’s working families,” said House Speaker, Mitzi Johnson, a Democrat from South Hero, in a written ...

Col Owens: It’s time to raise the minimum wage, the single most effective way to undergird our economy

From nkytribune.com / Feb 26th, 2020 recognized that a robust market for goods and services requires consumers with the means to purchase them. The minimum wage is the single most effective public policy for ensuring that low-wage employers compensate employees more adequately. It also helps to undergird our economy, which is 70% dependent on consumer spending. The minimum wage was enacted in 1938 as part of the New Deal. The initial level was $.25 per hour – over $4 in today’s dollars. It increased in value until 1968, when it reached $10 in real dollars, 99% of the poverty level. It then began to erode. Since 1989 it has averaged 60% ...

Our Keiki Also Need A $17 Minimum Wage

It’s no surprise why so many high school seniors elect to leave Hawaii after school. By Dyson Chee / February 25, 2020 The Hawaii State Legislature is currently considering raising the minimum wage to $13 by 2024. When we talk about affordability, there are two sides to the equation: how much things cost, and how much people have to spend. Yet we sometimes forget that one of the variables to this equation is time. As a senior in high school, I am at a crossroads in my life — to stay or to not stay in Hawaii. I have chosen to stay because I love this community that I spent my entire life with, but most of my friends have elected to ...

Spokane chefs hoping for Restaurant Week boost as they battle rising wages

By Taylor Graham Updated February 24, 2020 SPOKANE, Wash. — Inlander Restaurant Week is best known for giving local spots a boost over a ten-day stretch every winter, but restaurant owners say it has the power to impact business well past the end of February. They’re hoping that’s the case again this year as they battle their biggest minimum wage increase yet. “It went up $1.50 overnight,” said Tom Sciortino, managing parter of Wild Sage Bistro. “If we didn’t change the way we did business at all — if we just accepted that wage increase without passing that on in some different direction, that was a $35,000 hit to our bottom ...