Biden's $15 minimum wage would benefit 1 in 3 Black workers: research - Business Insider

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Biden's plan for a $15 minimum wage could mean 1 in 5 Americans earn more. Nearly a third of Black workers would get a raise, research suggests.

Biden also plans to sign an executive order in his first 100 days in office to ensure thatDemocrats are simultaneously, which seeks to lift the minimum wage incrementally to $15 an hour by 2025, and phase out the $2.13 minimum wage for tipped workers.

The federal minimum wage has not been raised for more than a decade. In 2019, the US House of Representatives passed a plan to incrementally raise theThis push for a wage rise comes as states are boosting their own minimum wages., and several more will see boosts in the coming months. Companies are increasingly taking the matter into their own hands, too. Among those who have raised, or announced plans to raise, their minimum wage to $15 or higher are

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And this country needs financial education! Too

Mcdonalds is working on a robot, only self serve. Corner stores just gonna work themselves, manufacturers moving back to China.

Business Insider was anti-Trump and pro-Biden. So happy that all of you will spend more pay taxes under a brainless president. Deserved!!!!

The Great Depression (1930s) and Global QE (2020s) Cinderella Man: Who suffers the most? I can feel that pain. It's my job! I got my kids' sausages by my blood and tears. The audience paid for a happy moment! re: Crony Capitalism and Forced Labor BlackLivesMatter 华工血淚史

And then thousands would lose jobs and the cost of living would go up

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And millions will lose their jobs or not be hired in the first place. Not to mention the US territories that get decimated when federal minimum wage is increased. Look what happened to American Samoa. Puerto Rico will suffer greatly. One size fits all policies aren’t equitable.

This won't do anything in the long run, inflation will take its toll and prices will go up and so will the currency value

it will not change a thing when you factor in the sort of inflation needed to inflate away some of the debt . his energy policies alone will eat away at that wage rise

Small business is being squeezed out.

Only a one minute decision is urgently needed .Nothing more

thanks for this news

What they fail to mention is that of that '1 in 5' that currently make min wage, over half of them are under the age of 18. It's actually about 1 in 12 that are adults and the vast majority of them are in rural areas where a $15 wage is more likely to put them out of a job. Nice

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