Investing in technology and capital to reduce costs as much as possible, including labor costs, has become critical.
BERLIN (AP) — Chancellor Angela Merkel's conservative party on Monday backed a deal to form a new German government with its center-left rivals, putting aside concerns over concessions that include a national minimum wage and a move to make it easier for some people to retire early.
Two recent studies show that workers at banks can’t make ends meet without public assistance.
A slight increase in wages can erase profits for these companies. To protect profits, prices will have to rise.
Comparisons of the real value of today’s minimum wage with what prevailed decades ago fail to account for the rise of the earned-income tax credit as a primary vehicle for helping low-income families, ...
Ron Unz, Higher Wages Alliance chairman, says raising the minimum wage to $12 an hour would lift millions of workers out of poverty. Lindsey Piegza, Sterne Agee chief economist, debates Unz's initiative....
Former Vermont Governor Howard Dean makes the case for fixing the minimum wage, and Lindsey Piegza, Sterne Agee chief economist, discusses the impact to businesses.
Nationwide walkouts appear to be gaining momentum, calling for action to increase the federal minimum wage that has remained stagnant since 2009.