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Keyword: minimumwage

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  • Dunkin' Donuts franchisee closing 100 stores

    10/04/2015 3:10:46 AM PDT · by WhiskeyX · 62 replies ^ | October 02, 2015 |
    Looks like America will run a little less on Dunkin’. Dunkin’ Brands, the parent company of Dunkin’ Donuts and the Baskin-Robbins ice cream chain, announced Thursday that one of its franchisees it will be shutting 100 stores across the country in the next 15 months, reports Forbes. [....] Dunkin’ said a spike in the cost of eggs due to the recent avian flu outbreak in the U.S. was a reason along with concerns with the rise in minimum wage laws in cities across the country. Last month, New York became the first state to raise the minimum wage for fast-food...
  • California Labor Union That Fought for $15 Minimum Wage Now Wants an Exemption

    10/01/2015 11:06:11 AM PDT · by MarvinStinson · 19 replies
    The Daily Signal ^ | September 30, 2015 | Natalie Johnson
    The labor union that led the charge for a $15 minimum wage hike in cities across California is now moving to secure an exemption for employers under union contracts. The Los Angeles County Federation of Labor buried the exemption on the eighth page of its 12-page proposal for the Santa Monica City Council to review Tuesday while deciding whether to follow Los Angeles and increase the minimum wage. The loophole would allow employers with collective bargaining agreements to sidestep the wage hike and pay their union members below the proposed $15-per-hour minimum wage. James Sherk, a research fellow in labor...
  • Liberal Reasoning: Idiotic or Dishonest?

    09/23/2015 6:05:58 AM PDT · by Kaslin · 19 replies ^ | September 23, 2015 | Walter E. Williams
    Many people argue that liberals, socialists and progressives do not understand basic economics. I am not totally convinced about that. Take the law of demand, for example, one of the fundamental principles of economics. It holds that the lower the cost of something the more people will take or do of it. Conversely, the higher the cost the less people will take or do something. By their actions, liberals fully understand the law of demand. Let's look at some proof. The Seattle City Council voted unanimously to establish a tax on gun and ammunition sales. Hillary Clinton has called for...
  • Mapping the Difference Between Minimum Wage and Cost of Living

    09/14/2015 5:38:12 PM PDT · by 2ndDivisionVet · 26 replies
    The Atlantic's City Lab ^ | September 10, 2015 | Tanvi Misra
    The minimum wage peaked in 1968 at $8.54 per hour, after adjusting for inflation. The current $7.25 is far too low for the 3 million hourly workers who earn at or below that threshold, and certainly not at par with the wage hikes instituted by other countries with similar economic trajectories. Here’s The Economist on America’s embarrassingly low minimum wage: Given the pattern across the rest of the OECD, a group of mostly rich countries, one would expect America, where GDP per person is $53,000, to pay a minimum wage around $12 an hour. That would mean a raise of...
  • A maximum minimum: Gov. Cuomo's proposal for a $15 minimum wage for all New York workers

    09/14/2015 5:19:21 AM PDT · by lowbridge · 34 replies ^ | september 14, 2015
    Gov. Cuomo is swinging for the fences with his forceful call to raise New York’s minimum wage to $15. That’s a hike of more than 70% over the current hourly minimum of $8.75 — rising to $9 in the new year — and would be the highest statewide rate in the nation. Making his vaulting aspiration all the more stunning is the fact that, just this February, Cuomo was pushing $11.50 as the appropriate level — and dismissing Mayor de Blasio’s goal of $13 as a political “non-starter.” By May, however, the governor was engineering a $15 minimum for fast-food...
  • New York state OKs $15 minimum wage for fast-food workers

    09/10/2015 5:11:49 PM PDT · by Olog-hai · 37 replies
    Associated Press ^ | Sep 10, 2015 8:00 PM EDT | Deepti Hajela and David Klepper
    New York state will gradually raise the minimum wage for fast-food workers to $15 an hour—the first time any state has set the minimum that high. Gov. Andrew Cuomo’s administration formally approved the increase Thursday, a move the Democratic governor announced at a labor rally with Vice President Joe Biden. Cuomo said he would work to pass legislation setting a $15 minimum for all industries, a promise that comes as more and more cities around the country move toward a $15 minimum wage. “Every working man and woman in the state of New York deserves $15 an hour,” the governor...
  • New York state APPROVES $15 minimum wage for fast-food workers...first time ANY state...

    09/10/2015 3:55:49 PM PDT · by Libloather · 92 replies
    Daily Mail ^ | 9/10/15
    New York state APPROVES $15 minimum wage for fast-food workers...the first time ANY state has set it that high New York state will gradually raise the minimum wage for fast-food workers to $15 an hour — the first time any state has set the minimum that high. Gov. Andrew Cuomo's administration formally approved the increase Thursday — a move the Democratic governor announced at a labor rally with Vice President Joe Biden. Cuomo said he will work to pass legislation setting a $15 minimum for all industries — a promise that comes as more and more cities around the country...
  • It’s impossible to afford NYC rents on the minimum wage

    09/09/2015 4:31:04 AM PDT · by lowbridge · 47 replies ^ | September 9, 2015 | katherine clarke
    A study found there is not one Big Apple neighborhood where a worker earning the state minimum can afford the median rent. In fact, a New Yorker would need to make at least $38.80 an hour — or more than four times the $8.75 minimum wage — to afford the city’s median asking rent of $2,690, if the worker is shouldering the rent alone, according to the real estate website StreetEasy. “What really sticks out here is the number zero — the number of neighborhoods where minimum-wage workers can afford” the median rent, said Alan Lightfeldt, a StreetEasy data scientist....
  • ‘McJobless in Seattle’ as order screens arrive: Labor Day reality check for $15 minimum wage

    09/08/2015 4:46:43 PM PDT · by TigerClaws · 73 replies
    While it seems liberals may think that raising the minimum wage will raise living standards for poor Americans, they should have seen this coming. With Los Angeles joining Seattle in setting a $15 minimum wage (Los Angeles by 2020, and Seattle by 2021), it stands to reason that McDonald’s would find a way around simply paying workers more, as Vox pointed out the obvious fact that “the reality is that McDonald’s just wants to make money.” Read more:
  • Labor and the State: A Lesson in Counter-Productivity

    09/08/2015 4:04:32 PM PDT · by jfd1776 · 1 replies
    Illinois Review ^ | September 8, 2015 A.D. | John F. Di Leo
    Like many speakers, as a starting point for anecdotes, or as an establishment of credentials, I sometimes start out my lectures by mentioning how long I’ve been with my current employer, how long I’ve had my license, or how long I’ve been in my industry. Last week, I caught myself as I mentally added up the latter, and realized that I have been in the workforce now for forty-four years. Yes, that IS a long time for a 52-year-old. But it is probably a story worth recounting, particularly when Labor Day rolls around, because as I think back on my...
  • Dr Ben Carson goes left on these issues:

    09/07/2015 11:22:48 AM PDT · by entropy12 · 96 replies
    September 7, 2015 | Self
    Dr Ben Carson is a fine mine, with integrity. However Carson goes left on these issues: Allow semi-autos only in remote rural areas. Says that conservatives that won’t talk about gun control have an “infantile attitude.” For “socio-economic Affirmative Action.” Supports raising the minimum wage. Want “stiff tariffs” to limit trade. Deportation of any illegals is “moral low ground.” A pathway to citizenship is “the only humane and reasonable thing to do.” Wants a c r a z y 30% Ethanol Standard. Implies climate change is one justification for that 30% ethanol standard.
  • Why Raising the Minimum Wage is a Bad Idea

    09/06/2015 5:38:17 AM PDT · by Kaslin · 15 replies ^ | September 6, 2015 | John C. Goodman
    Hillary Clinton has a solution to the problem of low wages: Government should make them higher. Paul Krugman, writing in The New York Times, endorses the idea. There was a time when Krugman dismissed rhetoric like Clinton’s as economic quackery. These days he’s trying to sell the same snake oil as the politicians. As I wrote in a column at Forbes, here is what economists know about the labor market: Employees tend to get paid their marginal product – the value they add to final output. In a competitive market this is almost a truism. Wages are not a gift....
  • Why Walmart Is Reducing Worker Hours, After Raising the Minimum Wage — and Other Lessons in Reality

    09/02/2015 6:57:25 AM PDT · by SeekAndFind · 8 replies
    National Review ^ | 09/02/2015 | Kevin D. Williamson
    News item: There is a new cholesterol-control drug on the market, Repatha, which is enormously beneficial to people who suffer serious side effects from the statins commonly used to control cholesterol or who derive no benefit from statins. Some 17 million Britons are potential beneficiaries of the drug, but they will not be able to use it, because the United Kingdom’s version of Sarah Palin’s death panel — which bears the pleasingly Orwellian name NICE, the National Institute for Health and Care Excellence — says it is too expensive. The United Kingdom’s single-payer health-care system is effectively a monopoly, and...
  • The State Supreme Court Has Ruled Airport Workers Get the $15 Minimum Wage. Here’s Why.

    08/31/2015 1:52:18 PM PDT · by nickcarraway · 16 replies
    Seattle Weekly ^ | thu., Aug 20 2015 | Casey Jaywork
    The Washington Supreme Court ruled 5-4 Thursday that the city of SeaTac’s groundbreaking $15 minimum wage law applies to the SeaTac airport, and not just the city outside of the airport. The decision reversed a lower court’s ruling and is a major victory for labor over business. On one side stood the Port of Seattle (which owns and operates the SeaTac airport) and business interests including Alaska Airlines and the Washington Restaurant Association; on the other, the city of SeaTac and the SeaTac Committee for Good Jobs, which pushed the original $15 initiative in SeaTac and is a project of...
  • This Robot Chef Will Skillfully Flip Your Pancakes by , 1:33p @BrennaHouck

    08/31/2015 1:23:08 PM PDT · by nickcarraway · 12 replies
    Eater ^ | Aug 30, 2015 | Brenna Houck
    Plus, a robot bartender is slingin' cocktails in Germany. The human race's pancake flipping days could soon be over. MIT Technology Review reports that RobotHow — a European robotics research project focused on teaching robots to understand language — has developed a robot chef capable of using instructions to complete complex tasks like flipping pancakes and making pizza. While things like flipping a pancake might seem simple, for robots it's a challenge to determine how much force and what exact motion is required to complete the action, writes Quartz. The robot called PR2 learns tasks by following instructions on wikiHow....
  • The Democratic Party Adopts $15/hour Minimum Wage into National Platform

    08/29/2015 10:09:00 PM PDT · by TigerClaws · 53 replies
    The Democratic Party on Friday adopted a call to raise the minimum wage to $15/hr as part of their established party platform heading into the 2016 election season. The move further polarizes the progressive wing of the party by moving them further to the left of both the Republican Party, and corporate centrist Democrats such as Hillary Clinton. In response to the Democratic Party’s vote, Terrence Wise, a Kansas City, Mo. McDonald’s and Burger King Worker and member of the National Organizing Committee of the Fight for $15, issued the following statement.
  • As Minimum Wages Rise, Restaurants Say No to Tips, Yes to Higher Prices

    08/25/2015 5:54:35 PM PDT · by Theoria · 38 replies
    The New York Times ^ | 23 Aug 2015 | Patricia Cohen
    Restaurant owners, customers and staff have long railed against the tyranny of tipping, but like a love affair gone bad, it has proved difficult to quit.Now, prompted by a spurt of new minimum wage proposals in major cities, an expanding number of restaurateurs are experimenting with no-tipping policies as a way to manage rising labor costs.Here in Seattle, where the first stage of a $15-an-hour minimum wage law took effect in April, Ivar’s seafood restaurants switched to an all-inclusive menu. By raising prices 21 percent and ending tipping, Bob C. Donegan, the president and co-owner, calculated he could increase everyone’s...
  • Security guard, gunman dead after federal building shooting

    08/21/2015 5:15:14 PM PDT · by Extremely Extreme Extremist · 7 replies
    YAHOO.COM ^ | 21 AUGUST 2015 | AP
    NEW YORK (AP) — Police say a security guard has died after a man walked into a federal building in Manhattan and opened fire. The guard, identified by his union as Idrisa Camara, died shortly after the shooting Friday evening. Police say the gunman walked through a side entrance of the building that houses an immigration court and other government offices. Chief James O'Neil says the gunman later shot himself in the head. He was found dead in the building. A law enforcement official identified the shooter as Kevin Downing, of Fort Lee, New Jersey.
  • Donald Trump's Action Plan for American Jobs (improve number of black, Hispanic and female workers)

    08/20/2015 7:06:22 PM PDT · by 11th_VA · 20 replies ^ | 19 August 2015 | By USBE Online
    African Americans and Hispanics make up only 5 percent of the workforce in Silicon Valley technology companies, compared to 14 percent nationally, according to 2014 data. But billionaire Donald Trump has a plan to improve the numbers of Black, Hispanic and female workers. (snip) "More than half of H-1B visas are issued for the program's lowest allowable wage level, and more than eighty percent for its bottom two," the leading Republican presidential frontrunner writes. "Raising the prevailing wage paid to H-1Bs will force companies to give these coveted entry-level jobs to the existing domestic pool of unemployed native and immigrant...
  • Trump: Low Minimum Wage Not a Bad Thing

    08/20/2015 7:35:40 AM PDT · by E. Pluribus Unum · 33 replies
    Breitbart ^ | 08/20/2015 | Jeff Poor
    Thursday on MSNBC’s “Morning Joe,” Republican presidential hopeful Donald Trump gave his thoughts on the minimum wage and as to whether or not raising the minimum wage would good for the American economy. “It’s such a nasty question because the answer has to be nasty,” Trump said. “You know, we’re in a global economy now. It used to be companies would leave New York State and companies would leave New York State or leave another state and go to Florida, go to Texas, go to wherever they go because or lower wages. You know, all sorts of different things. Well...

    08/18/2015 1:34:15 PM PDT · by nickcarraway · 92 replies
    Breitbart ^ | 8/17 | William Bigelow
    Small businesses are already struggling to survive the spate of minimum wage increases to $15 per hour in parts of California. Last month, the small Bay Area town of Emeryville, California, (population 10,000) decided to act as flag-bearer for raising the minimum wage in California, hiking its minimum wage to $14.44 per hour. Even though businesses with less than 56 workers are exempt from the $14.44 rate and do not have to raise their wages to $15 until 2018, Vic Gumper, who owns Lanesplitter Pizza, with outlets in Berkeley, Oakland, Albany and Emeryville, decided not only to bite the bullet...
  • Danger Will Robinson! A $15 Minimum Wage Will Only Help Robot Burger-Flippers

    08/18/2015 4:44:47 AM PDT · by IBD editorial writer · 44 replies
    Investor's Business Daily ^ | 08/17/2015 | John Merline
    If you don't like the idea of robot waiters and robot cooks replacing entry-level workers, you might think twice about the recent $15 minimum-wage craze.
  • California's SB3, the Minimum Wage Hike From Hell

    08/15/2015 6:24:18 AM PDT · by SeekAndFind · 33 replies
    American Thinker ^ | 08/15/2015 | Andrew Soloman
    California has embarked upon a dangerous experiment. The Democrats who secured total control of the statehouse have been the most productive group of legislators at passing bills in the last 50 years. Most of these bills were passed stealthily to avoid media scrutiny. The last minimum wage hike was rammed through without much media attention. The same with the Sick Leave Law that went into effect in July of 2015. These two new costs, when combined with the federal ACA have increased the cost of labor roughly 35% overnight. None of these assaults on California businesses were sensibly staggered, nor...
  • Poll: Hillary Clinton loses to GOP field in Missouri

    08/13/2015 3:15:38 PM PDT · by Signalman · 7 replies
    wash. examiner ^ | 8/12/2015 | Ryan Lovelace
    Democratic front-runner Hillary Clinton would lose Missouri to every GOP presidential candidate pitted against her in a new survey conducted by Public Policy Polling. Florida Sen. Marco Rubio performs best against Clinton, winning by 15 percentage points in a hypothetical matchup, while former Florida Gov. Jeb Bush performs worst, winning by only 7 percentage points. Donald Trump leads Clinton by 9 percentage points, Carly Fiorina had a 10 percentage point margin of victory, and Senators Ted Cruz of Texas and Rand Paul of Kentucky each won by 12. Missouri went blue for President Obama in 2008, and also features a...
  • The minimum they should do: How Politicians vote for high wages With the money of others

    08/13/2015 7:07:31 AM PDT · by SeekAndFind · 2 replies
    Pittsburgh Tribune ^ | 08/13/2015 | By Donald J. Boudreaux
    Putting at risk other people's money and livelihoods is easier than putting at risk your own money and livelihood. Anyone with the power to put at risk other people's money and livelihoods is prone to take unjustified risks with that money and those livelihoods. This fact is one reason for private property: With private property, each person has control over only property that is his or hers. I decide what happens on my side of the fence while you decide what happens on your side. If I decide poorly, I suffer the consequences; if you decide well, you reap the...
  • REPORT: Seattle Restaurants Suffer Worse Job Loss Since The Great Recession

    08/10/2015 11:43:37 AM PDT · by South40 · 58 replies
    Daily Caller ^ | 10 AUG 2015 | Connor D. Wolf
    According to a report released Sunday by the American Enterprise Institute (AEI), the $15 minimum wage has caused Seattle restaurants to lose 1,000 jobs — the worst decline since the 2009 Great Recession. “The loss of 1,000 restaurant jobs in May following the minimum wage increase in April was the largest one month job decline since a 1,300 drop in January 2009, again during the Great Recession,” AEI Scholar Mark J. Perry noted in the report.
  • The Left’s Minimum Wage “Compassion” Is Actually Contempt for Entry Level Workers

    08/10/2015 11:01:16 AM PDT · by fredericbastiat1 · 7 replies ^ | 2015-08-10 | Benjamin Weingarten
    Writing in the Wall Street Journal, Steve Caldeira, CEO of the International Franchise Association, alerts us to the latest plan to ensure “economic justice” through raising worker pay by government decree. New York Governor Andrew Cuomo, believing that the Empire State is free from the strictures of supply and demand curves — or more likely that he must appease Big Labor — is promoting a plan to raise the minimum wage to $15 an hour from $8.75 an hour for workers in fast-food restaurants with 30 or more locations. Such a plan may be politically astute — how can anyone...
  • Seattle Restaurants Suffer Worse Job Loss Since The Great Recession

    08/10/2015 10:16:58 AM PDT · by aimhigh · 47 replies
    Daily Caller ^ | 07/10/2015 | Connor Wolf
    According to a report released Sunday by the American Enterprise Institute (AEI), the $15 minimum wage has caused Seattle restaurants to lose 1,000 jobs — the worst decline since the 2009 Great Recession. “The loss of 1,000 restaurant jobs in May following the minimum wage increase in April was the largest one month job decline since a 1,300 drop in January 2009, again during the Great Recession,” AEI Scholar Mark J. Perry noted in the report.
  • Wal-Mart Wage Hikes Backfire (Again) As Angry Employees Threaten To Quit

    08/07/2015 9:41:25 AM PDT · by SeekAndFind · 31 replies
    Zero Hedge ^ | 08/07/2015 | Tyler Durden
    Last week, in "Economics 101: Wal-Mart Hikes Wages, Prepares To Fire 1000," we highlighted an internal memo circulated at Arkansas recruiting firm Cameron Smith & Associates. The letter, which was obtained by the Arkansas Democrat-Gazette, advised employees to prepare for an expected wave of layoffs at WalMart’s home office in Bentonville. "Please remember, these people are our neighbors and friends," Cameron Smith tells his recruiters, "you have a skill that will be very much in need when this goes down."The retail giant has received quite a bit of scrutiny this year (more than usual), after abruptly and simultaneously closing...
  • Study Showing 15-Dollar-an-Hour Fast-Food Wages Would Raise Prices by Only 4 Percent Is Very Wrong

    08/05/2015 6:35:24 AM PDT · by SeekAndFind · 59 replies
    National Review ^ | 08/05/2015 | James Sherk
    If something seems too good to be true, it probably is. Unfortunately, many journalists did not remember that when covering a new report claiming $15-an-hour wages would raise fast-food prices only 4 percent. A closer look shows that the study underlying the report had major methodological errors. More serious analysis shows that $15-an-hour wages would raise fast-food prices by over a third — at least until stores automate work currently done by humans. The study, by Purdue University economists Richard Ghiselli and Jing Ma, has made quite a splash. The Washington Post covered it extensively, concluding that the higher wages...
  • CEO Hikes Minimum Wage To $70K, Capitalist Tragicomedy Ensues [Employer Learns Lesson in Socialism]

    08/03/2015 1:57:20 PM PDT · by SeekAndFind · 29 replies
    Zero Hedge ^ | 08/02/2015 | Tyler Durden
    Meet 31-year-old Dan Price. Dan is the CEO of Seattle-based credit card payments processing firm Gravity Payments, and three months ago, he did a funny thing. After talking with a friend who confessed to having difficulties making student loan payments and rent each month on an annual salary of $40,000, Dan decided to set a $70,000 per year pay floor at Gravity. Dan was not, The New York Times says, looking to insert himself into "the current political clamor over low wages or the growing gap between rich and poor." All he wanted to do was improve the lives of...
  • From rents to haircuts, Americans start to feel price increases

    08/02/2015 4:12:58 PM PDT · by BenLurkin · 61 replies
    ap ^ | Christopher S. Rugaber
    Apart­ment rents are up. So are prices for restaurant meals, haircuts, gym memberships and a cup of coffee. For consumers who have become used to flat or even falling prices for years, an unfamiliar sight has emerged in many corners of the economy: Inflation is ticking up.
  • CEO who set his firm's minimum wage to $70K hits hard times

    08/02/2015 11:51:39 AM PDT · by rickmichaels · 30 replies
    Daily Mail ^ | August 2, 2015 | Reporter
    He hit headlines earlier this year for declaring every one of his 120 employees would earn a minimum wage of $70,000. But now Dan Price - CEO of Seattle-based credit card processing firm Gravity Payments, who lowered his $1 million salary to better compensate employees - has fallen on hard times as a result of his bold move. However the 31-year-old, who is renting out his house to keep the salary increases going, refuses to give up. 'I'm working as hard as I ever worked to make it work,' he told The New York Times. 'I haven’t made this little...
  • Liberal Gave All Employees 70k Minimum Wage, Then THIS Happened! (Going Broke)

    08/01/2015 5:39:10 PM PDT · by Beave Meister · 35 replies
    The Federalist Papers ^ | 8/1/2015 | JASON W. STEVENS
    They say what goes around comes around. In this case, ignore the basic laws of economics and human nature, and you’ll soon find yourself living in a van down by the river. That looks to be in the very near future for one liberal CEO who insisted on making a political statement about the minimum wage, rather than looking after the best interests of his employees and company. We predicted this would happen. But then again, conservatives tend to understand basic economics better than your typical liberal nutcase.
  • A Company Copes With Backlash Against the Raise That Roared

    08/01/2015 8:29:29 AM PDT · by Second Amendment First · 18 replies
    NY Times ^ | JULY 31, 2015 | PATRICIA COHEN
    There are times when Dan Price feels as if he stumbled into the middle of the street with a flag and found himself at the head of a parade. Three months ago, Mr. Price, 31, announced he was setting a new minimum salary of $70,000 at his Seattle credit card processing firm, Gravity Payments, and slashing his own million-dollar pay package to do it. He wasn’t thinking about the current political clamor over low wages or the growing gap between rich and poor, he said. He was just thinking of the 120 people who worked for him and, let’s be...
  • Here’s Exactly How Much More Money You Will Spend on Fast Food If Workers Get $15 Minimum Wage

    08/01/2015 7:41:59 AM PDT · by Hojczyk · 52 replies
    Ijreview ^ | July 31, 2015 | REID MENE
    Researchers at Purdue University’s School of Hospitality & Tourism Management recently asserted that if McDonald’s were to pay their employees $15 an hour, the cost of a ‘Big Mac’ would go up by 17 cents. According to the study’s findings, the proposed minimum wage hike would, in general, spike the average meal cost at a limited-service establishment to upwards of 30 more cents a visit: Another option proposed by Ghiselli to accommodate the minimum wage increase would be to downsize menu items. For example, burgers would see a 12% decrease in size at most establishments.
  • Higher pay a surprise success for Seattle restaurant (barf alert)

    07/31/2015 4:39:33 PM PDT · by lowbridge · 23 replies
    AP/CBS ^ | july 31, 2015
    Link only:
  • A CEO raised his company's minimum wage to $70,000 a year, and some employees quit because of it

    07/31/2015 3:44:29 PM PDT · by Oldeconomybuyer · 80 replies
    Business Insider ^ | July 31, 2015 | by RACHEL SUGAR
    When Dan Price, CEO of the Seattle-based credit card payment processing firm Gravity Payments, announced he was raising the company's minimum salary to $70,000 a year, he was met with overwhelming enthusiasm. But in the weeks since then, it's become clear that not everyone is equally pleased. Among the critics? Some of Price's own employees. Two of the company's "most valued" members have left the company, "spurred in part by their view that it was unfair to double the pay of some new hires while the longest-serving staff members got small or no raises." Maisey McMaster — once a big...
  • Economics 101: Wal-Mart Hikes Minimum Wages, Prepares To Fire 1000

    07/31/2015 7:42:02 AM PDT · by SeekAndFind · 15 replies
    Zero Hedge ^ | 07/31/2015 | Tyler Durden
    "Please remember, these people are our neighbors and friends. You have a skill that will be very much in need when this goes down. You are experts in the job market and you know what it takes to get hired. This is a time for us to step up and do what we can to help."The quote above is from an internal memo sent to employees of Northwest Arkansas recruiting firm Cameron Smith & Associates and references an expected wave of layoffs at WalMart’s home office in Bentonville. The memo was obtained by the Arkansas Democrat-Gazette, who spoke with Cameron...

    07/31/2015 3:41:58 AM PDT · by Biggirl · 7 replies ^ | July 31, 2015 | Mathew Vadum
    The current feel-good push for a $15 an hour minimum wage has nothing to do with helping workers and everything to do with advancing the goals of the left wing, especially the labor movement. This is true despite the occasionally soaring rhetoric of President Obama amid the Left's incessant whining about "income inequality," itself a particularly un-American concept, an imaginary evil that dwells only in the nightmares of left-wingers. The fact gets lost that the minimum wage itself and continuing increases in the minimum wage hurt working people.
  • New York minimum wage increase: Who really pays

    07/30/2015 4:14:55 PM PDT · by Oldeconomybuyer · 11 replies
    CNN Money ^ | July 30, 2015 | By Jeanne Sahadi
    New York's new $15 minimum wage for fast food workers applies to more than 100 brands doing business in the state. The only criteria: They must operate in at least 30 locations nationwide. Laura Jankowski owns three Tropical Smoothie Cafe franchises on Long Island. The brand has 16 locations in New York and more than 400 nationwide. Research suggests that most fast food workers in New York are 22 or older. But Jankowski says the vast majority of her employees are high school and college students. Most earn $8.75 an hour but her shift leaders earn $9.75. The new higher...
  • The absolute worst advice we give to Americans struggling to pay rent

    07/30/2015 1:38:10 AM PDT · by 2ndDivisionVet · 54 replies
    The Daily Dot ^ | July 22, 2015 | Hanna Brooks Olsen
    In urban centers around the country, rental prices are soaring. Cities like San Francisco, Seattle, and New York City routinely report double-digit increases that make it nearly impossible for residents to make ends meet. But it’s not just dwellers of those metropolitan areas who are having a hard time paying the rent. According to a report out this week from the Harvard Joint Center for Housing Studies, more than half of renters in America are considered to be financially burdened by their rent, meaning that they spend more than 30 percent of their income just on where they live. High...
  • Why union leaders want L.A. to give them a minimum wage loophole

    07/28/2015 9:25:27 AM PDT · by grundle · 9 replies
    Los Angeles Times ^ | July 27, 2015 | Peter Jamison
    ne of the most divisive issues that Los Angeles City Council members expect to confront when they return this week from a summer recess will be a proposal by labor leaders to exempt unionized workers from the city's new minimum wage. The push for the loophole, which began in the final days before the law's passage, caused a backlash rarely seen in this pro-union city and upended perceptions of labor's role in the fight to raise pay for the working poor. Union activists were among the most stalwart backers of L.A.'s ordinance raising the wage to $15 by 2020, and...
  • Socialist Bernie Sanders DEMANDS $15 minimum wage – PAYS interns $12 an hour! LOL!

    07/25/2015 8:52:44 PM PDT · by lowbridge · 41 replies ^ | july 25, 2015
    And in today’s edition of “look at this hypocritical liberal,” we have Bernie Sanders, the grump socialist, who demands that everyone in America pay their employees at least $15 no matter what their wages are actually worth in the free market. Now let’s see what he pays his interns! From MRC-TV: Included in the 62 million workers making under $15 hour are members of Bernie Sanders’ own staff. According to the senators’ website, Interns are paid only $12 an hour. In [Bernie’s] bill’s summary, the first bullet point reads, “No one working full time should be in poverty. It is time to pay workers a...
  • Fast Food Franchise Owners Consider Suing N.Y. Over Minimum Wage

    07/24/2015 4:03:49 PM PDT · by Oldeconomybuyer · 26 replies
    NBC News ^ | July 24, 2015
    Gov. Andrew Cuomo wants to have it his way with New York's fast-food industry — and restaurant owners aren't loving it. Franchise owners say they're considering a lawsuit against Cuomo's plan to raise the minimum wage in their eateries to $15 an hour, arguing that it is not fair or legal to be saddled with such a significant increase in labor costs that won't apply to retail, landscaping, child care or other traditionally low-wage industries. "Singling out fast food restaurants while ignoring other industries that hire workers who are paid under $15 is unfair and discriminatory, harms New York workers,...
  • Dunkin’ CEO: $15 Min Wage Is ‘Outrageous’

    07/24/2015 12:04:18 AM PDT · by nickcarraway · 36 replies
    KFOR ^ | JULY 23, 2015 | M.DELATORRE
    Dunkin’ Donuts’ top executive says a $15 minimum wage for fast food workers is “absolutely outrageous.” On Thursday, New York state’s wage board recommended fast food workers make at least $15 per hour. The board said it should happen by the end of 2018 in New York City. Dunkin’ Brand CEO Nigel Travis says the plan will do more harm than good. Travis said he supports governments making “reasonable increases” to the minimum wage, but a hike to $15 per hour represents a 71% increase over the current state minimum. “It’s going to affect small businesses and franchises,” Travis said...
  • Where’s the beef? Fast-food franchisees pan NY wage hike

    07/24/2015 12:28:01 AM PDT · by Olog-hai · 11 replies
    Associated Press ^ | Jul 23, 2015 8:56 PM EDT | David Klepper and Verena Dobnik
    Gov. Andrew Cuomo wants to have it his way with New York’s fast-food industry—and restaurant owners aren’t loving it. Franchise owners say they’re considering a lawsuit against Cuomo’s plan to raise the minimum wage in their eateries to $15 an hour, arguing that it is not fair or legal to be saddled with such a significant increase in labor costs that won’t apply to retail, landscaping, child care or other traditionally low-wage industries. “Singling out fast food restaurants while ignoring other industries that hire workers who are paid under $15 is unfair and discriminatory, harms New York workers, and puts...
  • Cuomo on using executive power: 'I run the government'

    07/23/2015 8:01:53 AM PDT · by Fitzy_888 · 24 replies
    New York Daily News ^ | July 22, 2015 | KENNETH LOVETT
    ALBANY — Gov. Cuomo made it clear Wednesday why he has recently bypassed the Legislature on different issues like raising the minimum wage for fast-food workers. "I run the government," Cuomo said. "I am the executive and therefore I use executive power. And that’s why the executive is given the power," Cuomo said during an appearance on upstate public radio’s “The Capitol Pressroom.” Cuomo dismissed criticism that his actions represent a major power grab by going around the Legislature. In addition to creating a board that has recommended raising the minimum wage to $15 an hour for fast food workers,...
  • New York Gov. Cuomo to state Economy: "Drop Dead"

    07/23/2015 7:53:00 AM PDT · by Fitzy_888 · 18 replies ^ | July 22, 2015 | Nick Gillespie
    Byline (Cuomo Quote): "This is just the beginning. We will not stop until we reach true economic justice." Getta load of Andrew Cuomo, the governor of the once-great state of New York. For the first time ever, reports Business Insider, a U.S. state "may single out one industry for a big wage hike." Under a plan approved by New York's Fast Food Wage Board, a $15-per-hour minimum wage would be phased in over three years in New York City and six years across upstate New York, whose economy has long been the American equivalent of East Germany. The mandate would...
  • Seattle sees fallout from $15 minimum wage, as other cities follow suit

    07/22/2015 3:22:51 PM PDT · by dware · 28 replies
    Fox News ^ | 07.22.2015 | Dan Springer
    Seattle’s $15 minimum wage law is supposed to lift workers out of poverty and move them off public assistance. But there may be a hitch in the plan. Evidence is surfacing that some workers are asking their bosses for fewer hours as their wages rise – in a bid to keep overall income down so they don’t lose public subsidies for things like food, child care and rent.