Study: New minimum wage not enough
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The minimum wage may be on its way up in New York, but one new study said the amount wouldn&#39;t be enough to pay rent in the state.
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The Republican-controlled Senate smothered a proposed election-year increase in the minimum wage Wednesday, rejecting Democratic claims that it was past time to boost the &#36;5.15 hourly pay floor that has been in effect for nearly a decade.
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WASHINGTON _ In a report with political significance, the Labor Department said Friday that companies added 96,000 jobs to their payrolls last month, far short of the 150,000 increase that had been widely expected.
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When Democrats blasted Republicans last fall for taking annual congressional pay raises while blocking numerous attempts to raise the minimum wage, it was an effective campaign tactic. Democrats vowed not to accept the annual cost-of-living adjustment until Congress increases the minimum wage.
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The Democratsâ proposed minimum wage increase does not catch up with what some states have already done to raise the pay of tens of millions of workers.
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Handing New York workers their first boost in the minimum wage since 1997, the state Senate yesterday overrode Gov. George Pataki&#39;s veto of a bill that will increase the wage by $2 over the next two years.
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The Democratic-led U.S. Senate voted overwhelmingly on Thursday to raise the federal minimum wage for the first time in a decade and provide billions of dollars in small-business tax cuts to help offset the cost.
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Business & money: Consumers and small firms are being left short of cash before being reimbursed, reports Lisa Bachelor.
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A report says the minimum wage, due to rise on Friday, has helped clerical, retail and catering staff, as well as traditionally low-paid.
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A low-wage worker would have to earn $20.93 per hour -- more than three times the current Massachusetts minimum wage of $6.75 -- to afford the fair-market rent
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The new economic era will require that millions of people earning around the national average, $17 an hour, shoulder more responsibility and risk on the way to financial security, economists say. -The Washington Post
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Most employees have little ammunition going into a meeting to talk about their pay, but a few Web sites are trying to level the playing field.
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The Senate voted overwhelmingly Thursday to boost the federal minimum wage by $2.10 to $7.25 an hour over two years, but packaged the increase with small business tax cuts and limits on corporate pay that could complicate its path to become law.
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When Democrats blasted Republicans last fall for taking annual congressional pay raises while blocking numerous attempts to raise the minimum wage, it was an effective campaign tactic. Democrats vowed not to accept the annual cost-of-living hike until Congress increases the minimum wage.
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It is not just tough to find a place to live when you&#39;re earning minimum wage. It&#39;s practically impossible. According to an annual survey by a
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With little fanfare, Congress yesterday approved the first increase in the federal minimum wage in nearly a decade, voting to boost wages for America's lowest-paid workers from $5.15 to $7.25 an hour over the next two years.
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Nearly half of employed people in the world live on less than two dollars a day and another 500 million live on less than a dollar, according to the UN International Labour Organisation (ILO) World Employment Report 2004-2005.