Minimum wage

The latest range in negotiations for next year's monthly minimum wage for Cambodia’s textile-related sectors is expected to rise to just below $200, the labour and vocational training ministry recently said. Based on seven socio-economic criteria for determining the minimum wage, a minimum wage of $197.86 has been arrived at till now, it said.

To mitigate the monopolistic practices, the antitrust laws come into existence as the main mechanism to control unfair trade practices

What happens when the rich kids aren't happy? They call their friends in congress. I do not know of a time when anyone involved with the stock market wanted MORE restrictions; it just doesn't happen.

Some states are raising the minimum wage in 2022. #work #minimumwage https://www.aarp.org/work/job-search/info-2021/states-minimum-wage-increase.html

The news just keeps getting better for the millions of Americans making minimum wage. Today, three weeks to the day after President Obama called for raising the minimum wage to $9 an hour in the State of the Union address, two congressional Democrats have done him one better: Sen. Tom Harkin of Iowa and Rep. George Miller of California introduced a bill to raise the federal minimum wage to $10.10, then tie the wage to the cost of living.

A proposal to raise the minimum wage in New York will have large positive effects on living standards and very small effects on employment, a new report says.

Here are five commonly perpetuated myths about minimum wage. Hopefully, their exploration will shed a more accurate light on this contested issue.

There's little evidence to indicate that raising wages will lead to job losses, and studies show that high-wage companies fare better than lower-wage ones.

Giant corporations and the wealthy are naturally united in their hatred of the $15 minimum wage. Surprising, however, is the strong opposition sometimes encountered by workers who make barely above $15 an hour. The anti-$15 logic of these workers...

#minimumwage