OAR of Arlington, Alexandria, and Falls Church, VA’s Post

TODAY'S REMINDER THAT THE GOP IS ANTI-AMERICAN AND THAT PRESIDENT JOE BIDEN WORKS FOR ALL AMERICANS. (Popular Information, 1/3/24). In 2009, Sony was still selling millions of floppy disks, Instagram did not exist, and Barack Obama was sworn in as president for the first time. A lot has changed in the last 15 years. But one thing is exactly the same: the federal minimum wage is still $7.25 per hour. Even in 2009, $7.25 was not a lot of money. But in 2024, paying someone $7.25 for an hour of labor is deeply exploitative. A full-time employee working 52 weeks per year will earn just $15,080, well below the poverty line for a family of any size. The real value of the minimum wage is 40% lower than it was in 1970. This is the longest period without an increase since the federal minimum wage was established in 1938. If the minimum wage had kept pace with worker productivity gains since 1968 — when the value of the minimum wage peaked — it would have reached $23 per hour by 2021.

Minimum wage has gone up in a lot of places where the cost of living is significantly higher or where outdated amounts were still in play. Wonder what it is in your state? There's an interactive map to help with that

The New Minimum Wage is Here"#newbeginning #salaryhike #puertorico #costofliving #fairwage 💸 Puerto Rico's minimum wage has increased to $10.50 per hour. This 15% raise was approved last month despite pushback from industry groups. Business owners argue that higher costs could hurt job growth in an economy still recovering from hurricanes and pandemic shutdowns. However, for workers, the bump signifies greater purchasing power and improved living standards on the island. What do you think about the new wage floor? 🤔 Will it help or hurt Puerto Rico's progress? Share your thoughts below! #minimumwage #economy #jobs

Over 10 million minimum wage workers across the nation experienced an increase in pay this year. In Washington State, 453,300 workers were affected by the implementation of the new minimum wage. Spokane County's new minimum wage is set at $16.28. For a Spokane County household (average size of 2.45 individuals) working full-time at minimum wage, the net take-home pay after taxes would amount to $54,009 annually or $4,501 per month. According to the Living Wage Calculator, achieving minimum standards of living in Spokane County would require a household (2 working adults, 1 child) to have an annual income of approximately $69,257 after taxes. (https://lnkd.in/g296Vneb) There exists a substantial shortfall of $15,248 annually for households working full-time at minimum wage in meeting the minimum standards of living in our community. What would you do? Full story: https://lnkd.in/gvxwbiMJ

Whereas the minimum wage represents the least employers must pay by law––federal, state, local––a living wage is the minimum required for someone to live above the poverty line. It should provide income to support an adequate standard of living in terms of housing, food, and other necessities.There’s a big difference between the U.S. federal minimum wage and what economists estimate as a living wage. President Biden issued an executive order that federal contractors must pay a minimum of $15/hour. The Congressional Budget Office estimates this would raise almost a million people from poverty. Yet, one analysis pegs a working adult with two children in Los Angeles as needing a living wage of $43.Critics claim that raising the federal minimum makes it hard for small businesses to survive. The living wage gets caught in the same criticisms. But advocates claim if you pay people more and make their lives more secure, they’ll work hard and create productivity increases good for business bottom lines. ~ Essentials of Strategic Analysis (Schermerhorn & Bachrach, 2023)

Inflation, Flagstaff’s high cost of housing and our special minimum wage laws are slowly killing our local business community. They can’t sustain themselves much longer. High Housing cost and rents continue to challenge our community. Many of us on council are working hard to identify real measurable solutions. Only a citizen initiative passed at the ballot box can make changes (stop or slow down) to the future annual minimum wage hikes. Minimum wage is not the same as living wages. The negative effects from this minimum wage mandate far out weighs any good. It’s basic economics. We will continue to see more and more small businesses close their doors. Less jobs. Less hours for the very people this minimum wage structure was suppose to help.

The federal minimum wage matters. It affects all of us. Your taxes are higher because they subsidize corporations who don’t pay their employees enough. I’m talking about people working full-time jobs who still qualify for benefits, because their wages are so low. There is a myth that minimum wage jobs are for teenagers, but most of the people working in minimum wage jobs are adults. When the minimum wage increases, all wages increase. How can the federal minimum wage still be $7.25 an hour when the cost of living has risen dramatically? Poverty is linked to violence, health problems, substance abuse and crime. The federal minimum wage should be at least $15 an hour.

https://lnkd.in/eUwqbQtY The minimum wage in New York City and surrounding areas jumped to $16 an hour this week, and $15 in the rest of the state — up from $15 and $14.20, respectively. It's the first in a series of yearly hikes that will bring the statewide minimum wage to $16 and the New York City wage to $17 by 2026. The Empire State is one of 22 states that raised their minimum wages on Jan. 1, impacting nearly 10 million American workers. However, the federal minimum wage has stayed at $7.25 an hour since 2009. #PhillipHammett #Finance #Wages

🚨 Florida's Minimum Wage Increase Takes Effect Today! 🚨 Starting today, Florida's minimum wage rises to $13/hour, continuing progress toward the $15/hour goal set for 2026. Tipped employees will also see an increase to $9.98/hour, up by $1. This adjustment impacts thousands of workers across the state and is a significant step in supporting fair wages and economic stability. Let's continue advocating for policies that empower our communities! 💪 #FloridaMinimumWage #WorkersRights #EconomicImpact #NonprofitSupport #FloridaNonprofitAlliance

On September 27, Governor Ned Lamont announced that Connecticut’s minimum wage will rise from $15.69 to $16.35 per hour, effective January 1, 2025. The adjustment is mandated by a state law Governor Lamont signed in 2019, linking minimum wage increases to economic indicators. Key Points: - The wage increase is based on the U.S. Department of Labor’s employment cost index, which reported a 4.2% rise for the twelve months ending June 30, 2024. - Connecticut’s minimum wage will adjust annually based on this index, ensuring wage growth aligns with economic performance. - Governor Lamont emphasized that the wage adjustment will boost local economies, as workers will reinvest their earnings within their communities. - Lt. Governor Susan Bysiewicz highlighted that the increase addresses income disparities, especially benefiting women and economically disadvantaged groups. - Connecticut Labor Commissioner Danté Bartolomeo noted that a majority of the state's minimum wage earners are women, many of whom support families. This wage increase is part of Connecticut’s broader effort to ensure economic fairness and financial security for low-income workers. For more updates on labor policy and wage regulations, unlock cutting-edge legal intelligence with our subscription free platform — join us today. Visit https://lnkd.in/gZmkUPim to know more. #MinimumWage #Connecticut #LaborPolicy #GovernorLamont #EconomicGrowth #WorkerRights #GRI #WageIncrease #ConnecticutEconomy #EqualPay