The Edo State Governor, Godwin Obaseki, has explained the reasons behind the increase in the minimum wage for workers in the state from N40,000 to N70,000.
The Egyptian Minister of Finance, Dr. Mohamed Maait, stated on 17 April that Egypt aims to empower the private sector to constitute 70 percent of Egypt’s gross domestic product (GDP), with a focus on increasing domestic production and exports. During a panel discussion in the event, “Governor Talks – Egypt: Lessons in Restoring Macroeconomic Stability” of the International Monetary Fund (IMF) and World Bank spring meetings held at Washington, DC, Maait announced, “We are implementing a...
Hong Kong is set to raise the hourly minimum wage by 4.5 per cent to HK$41.8, local media have reported citing sources. The Minimum Wage Commission will also reportedly review the amount annually going forward, rather than every two years. The adjustment would come after years of calls from labour activists for more frequent assessments […]
The real minimum wage, no matter how much liberal politicians try to deny it, is and always will be zero.
President Ferdinand Marcos Jr. on Labor Day ordered the Regional Tripartite Wage and Productivity Board to conduct a "timely review" of minimum wage rates in the regions.
Groups have been calling on the government to raise the minimum wage to keep up with the rising cost of living.
As expected, a majority in the Senate voted against an additional 1.2 percent increase in the minimum wage on Tuesday. The BBB announced last week that it would vote against the law that regulated the increase, making it clear there would be no majority support.
California's New Minimum Wage: A Cure That Exacerbates The Sickness Via SchiffGold.com, The solution to a problem shouldn’t make the problem worse. But apparently, California’s policy makers missed that memo. On April 1st, the state instituted a $20 minimum wage for fast food workers, the highest in the US. With California’s absurdly high cost of living, the policy appeared to make life more manageable for low-income residents. Unfortunately, as the adage goes, “If it sounds...
California’s fast-food minimum wage hike has been in effect for just one month, and the consequences are proving to be fewer hours and potentially fewer jobs for workers. Pollo West Corporation, the largest franchisee of El Pollo Loco restaurants in California, has said that its franchises went from profitable to losing money overnight when the […]
The Governor of Edo State, Godwin Obaseki, has approved a new minimum wage
A law calling for a $20 minimum wage has led to brutal backlash as customers opt out of ordering delivery in Seattle, Washington.The Seattle City Council is in the middle of deciding whether to pass a new law that would adjust its prior PayUp bill that went into effect in 2022.The PayUp law enforced a minimum wage for gig workers, which includes delivery drivers for local restaurants and platforms like Uber Eats and DoorDash. Under PayUp, delivery drivers made $26 per hour before accounting for...
California restaurant owners, including CEO of one of the largest El Pollo Loco franchises, explain how the new minimum wage is hurting business.