To estimate this ratio, we used current minimum wages and the median wages in 2019 from the Bureau of Labor Statistics' Occupational Employment Statistics program. For example, New York's median ...
The federal minimum wage has been stuck at $7.25 since 2009, not even close to the buying power it once brought workers — ...
Economists had been expecting an overall healthy reading, with 169,000 net new jobs created in the month and the unemployment ...
Here are five other things for ASCs to know about shifts in the cost of labor: 1. The Consumer Price Index increase, also known as inflation, hit 2.9% in December 2024, according to the most recent ...
The average wage earned by an American worker rose a sharp 0.5% in January, more than twice the typical increase. How come? Most likely because higher minimum ... said labor costs have not been ...
The negotiations at the state Capitol were ongoing Wednesday, nine days before a Michigan Supreme Court-ordered minimum wage ...
As of 2023, the Bureau of Labor Statistics reported just 1.1% of U.S. workers earn the federal minimum wage. The other 99% earn more, due to market forces and state minimum wages. “The federal ...
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