by Luis San Vincente Portes. New Jersey's Democratic leaders are seeking to include on the 2013 ballot a
proposal to increase the minimum wage in the state from $7.25 to $8.25
per hour and to automatically tie it to further increases in the cost of
living. The initiative is founded on states’ ability to set a minimum
wage apart from the federal under the ... MORE
Showing posts with label employer. Show all posts
Showing posts with label employer. Show all posts
The Unintended Consequences Of Minimum Wage
by Luis San Vincente Portes. New Jersey's Democratic leaders are seeking to include on the 2013 ballot a
proposal to increase the minimum wage in the state from $7.25 to $8.25
per hour and to automatically tie it to further increases in the cost of
living. The initiative is founded on states’ ability to set a minimum
wage apart from the federal under the ... MOREProposed Minimum Wage Could Cost Up To 768,000 Jobs
Democrat plan spells more unemployment. The Democratic Party’s 2012 platform calls for raising the minimum wage and pegging it to inflation — and a wage bill already introduced by congressional Democrats could cost at least 256,000 jobs, according to a new report. Sen. Tom Harkin of Iowa and Rep. Rosa DeLauro of Connecticut have proposed raising the ... MOREGary DeMar: How Government Creates Unemployment
Economics isn’t hard, unless you’re a liberal. Before Paul Ryan was picked by Mitt Romney to be his running mate, there was speculation that New Jersey governor Chris Christie was in the running. Republican governor Christie mocked a network graphic insisting that 55 percent of New Jersey residents think he would be the VP pick and 68 ... MOREVIDEO: Real World Effects Of Minimum Wage
John Stossel. Why minimum wage laws have made life more difficult for low skill workers and spelled the end for movie ushers and gas station attendants.
John Stossel: First Jobs
What was your first job? I stuck pieces of plastic and metal together at an Evanston, Ill., assembly line. We produced photocopiers for a company called American Photocopy. I hated the work. It was hot and boring. But it was useful. It taught me to get good grades in school so I might have other choices. Four years later, good grades got me a job as a researcher ... MOREJeff Jacoby: Minimum Wage Laws Costly To Unemployed
Minimum wage is maximum folly. Congress enacted the first federal minimum wage in 1938. A provision of the Fair Labor Standards Act, it covered about 6 million workers and set a wage floor of 25 cents per hour. It also cost a lot people their jobs. The Labor Department reported that as many as 50,000 employees, mostly poor Southern blacks, were thrown out of ... MOREAdvocacy Replaces Science On Minimum Wage Debate
by Michael Saltsman. Determined to see President Obama make good on a campaign pledge to raise the federal minimum wage to $9.50, four Congressmen have introduced bills to make this promise a reality. (A number of states have considered similar bills this year.) Advocates for a higher minimum wage—most notably, the National Employment ... MOREDavid Harsanyi: The Democrats' 'Fairness' Canard
Beating back the woman haters. Only one group of Americans can make this nation a fairer place: trial lawyers. After all, crushing injustice has enveloped the nation. New Yorkers make more money than Iowans. Female lawyers earn more than male fishermen. People who are 6 feet tall -- and I saw this in a semi-scientific study -- earn, on average, about ... MORE
John Stossel: Improving Life For Workers
Let competitive markets work. It seems intuitive that a free market would lead to a "race to the bottom." In a global marketplace, profit-chasing employers will cut costs by paying workers less and less, and shipping jobs to China. It's a reason that progressives say government must step in. So America now has thousands of rules that outlaw wages below $7.25 ... MORE
Peter Morici: Discouraged Americans Quit Looking To Work
Despair is setting in. The economy added 115,000 jobs in April -- much less than expected and not enough to keep up with natural population growth. The unemployment rate fell to 8.1% because another 522,000 adults quit looking for work and are no longer counted. In the weakest recovery since the Great Depression more than four-fifths of the reduction in ... MOREMelissa Langsam Braunstein: The Nanny Tax
Hiring a nanny? Prepare for plenty of red tape. There are certain laws everybody breaks. Everybody jaywalks, nobody respects the speed limit, and nobody pays taxes for the children’s nanny. But would more parents follow nanny-related laws if the system were more straightforward? As a new mother, I wonder. I had spent several years as a full-time ... MORESteve Chapman: The Minimum Wage Mirage
All workers are not worth $9.80 an hour. Unemployment remains high; job growth is sluggish; and millions of Americans have given up hope of ever finding work. So how do creative legislators propose to generate new hiring? Easy: Make it more expensive. That's right. In Congress and several states, some lawmakers want to increase the legally mandated ... MORENick Schulz: Minimum Wage, Maximum Stupidity
Why Congress should not raise minimum wage. When economic times are tough, it’s tempting to want to push for an increase in the minimum wage. Supporters see it as giving the deserving poor a badly needed raise. If we only mandate that employers raise the pay floor for their employees, those who earn the least will see a nice pay bump. ... MORE
Subscribe to:
Posts (Atom)