Minimum wage gets raise
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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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Incoming House Speaker Nancy Pelosi wants to fast-track efforts to boost the federal minimum wage and could seek to bring a bill directly to the House floor in January.
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The 0.2 percent increase in the September consumer price index compares with a 0.1 percent rise in August, according to the Labor Department.
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Wages rose faster than expected in the June-August period but analysts say the increases are still not high enough to cause inflation worries at the Bank of England.
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The Spanish government has reached an agreement with unions and employers to raise the minimum monthly wage by 4.5 percent to euro512.90 (&#36;699) on Jan. 1, news reports said Tuesday.
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As the Senate moved toward passage of the first increase in the minimum wage in 10 years, Democrats in the House and Senate were trying to reconcile differences between their two bills.
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The minimum wage in the US will rise by $2.10 per hour, the first rise in a decade, after a vote by the US Congress.
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The U.S. House of Representatives on Thursday overwhelmingly passed a compromise measure to increase the federal minimum wage for the first time in a decade -- and provide billions of dollars in tax breaks to help businesses pay for it. The vote was 348-73.
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Consumer prices rose faster than most workers' wages last year, as surging energy prices pushed inflation to the highest level in four years, the Labor Department said yesterday.
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Recent increases in Massachusetts' minimum wage that helped lift many workers over the poverty line are being rapidly eroded by inflation, which could eliminate the gains by 2010.
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After a decade-long wait, America's lowest-paid workers saw Congress poised Thursday to increase the federal minimum wage by $2.10
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Japan&#39;s cabinet on Tuesday approved an  updated minimum wage bill, the first major revision in nearly  40 years, as part of the government&#39;s efforts to close the gap  between between rich and poor and boost economic growth.
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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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The US Senate votes to raise the minimum wage by $2.10 per hour to $7.25 and cut taxes for small firms.
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A Democratic campaign promise to boost the federal minimum wage for the first time in a decade moved closer to completion on Tuesday when U.S. Senate Republicans lifted a roadblock against it.
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A $1.3 billion small-business tax  cut package aimed at winning the first minimum wage increase in  more than a decade advanced in the U.S. House of  Representatives on Monday.
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America's lowest-paid workers won a $2.10 raise Thursday, with Congress approving the first increase in the federal minimum wage in almost a decade.