WHY IT MATTERS: Minimum Wage

Labor News

Reprinted from The New York Times by The Associated Press on September 21, 2016.

Modest income growth for most Americans, strikes by fast-food workers, and the rapid growth of low-paying jobs at the same time middle-income work shrinks have combined to make the minimum wage a top economic issue for the 2016 campaign. Millions could benefit: Raising the federal minimum wage from $7.25 an hour to $12 would lift pay for 35 million workers, or 1 in 4 employees nationwide, according to the liberal Economic Policy Institute. But it would also boost costs for employers and may slow hiring. And it could lead to higher prices at clothing stores and restaurants and for other services.



Both candidates have struggled to articulate their positions. Hillary Clinton says she supports raising the minimum wage to $12 an hour, rather than the $15 supported by advocates for low-income workers and by the Democratic Party’s platform. But she also supports state and local efforts to push it higher than $12.

Donald Trump is harder to pin down. Last fall he opposed any increase in the minimum, saying that overall wages were too high in the U.S. In July he said the minimum wage should be $10, but added that states should “really call the shots.”…

NY Times 9/21

About Jeffrey Burman 2852 Articles
Jeff Burman represents assistant editors on the Guild’s Board of Directors. He can be reached at jeffrey.s.burman.57@gmail.com.

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