why increase the minimum wage

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https://politicsofpoverty.oxfamamerica.org/6-simple-reasons-we-should-raise-the-minimum-wage/

6 simple reasons we should raise the minimum wage right …
https://politicsofpoverty.oxfamamerica.org/6-simple-reasons-we-should-raise-the-minimum-wage/
That’s why new efforts by the Biden administration and Congress to raise the federal minimum wage to $15 to help Americans recover from COVID-19 are so important. Here are six simple reasons why raising the minimum wage makes sense. 1. It is long overdue

https://www.investopedia.com/articles/markets-economy/090516/what-are-pros-and-cons-raising-minimum-wage.asp

What Are the Pros and Cons of Raising the Minimum Wage?
https://www.investopedia.com/articles/markets-economy/090516/what-are-pros-and-cons-raising-minimum-wage.asp
A boost to economic growth is another potential advantage of increasing the minimum wage, as consumer spending typically increases along with wages. A higher minimum wage would put more…

https://www.businessinsider.com/why-raising-minimum-wage-to-15-is-good-for-us-2021-2?op=1

Why Raising the Minimum Wage to $15 Is Good for the US
https://www.businessinsider.com/why-raising-minimum-wage-to-15-is-good-for-us-2021-2?op=1
The CBO report shows a $15 minimum wage would have massive benefits, and there’s good reason to be skeptical about the report’s scariest, most headline-grabbing findings. According to the report,…

https://www.epi.org/publication/why-america-needs-a-15-minimum-wage/

Why the U.S. needs a $15 minimum wage: How the Raise the …

Why the U.S. needs a $15 minimum wage: How the Raise the Wage Act would benefit U.S. workers and their families

For example, minimum wage increases in the late 1960s explained 20% of the decrease in the Black-white earnings gap in the years that followed, whereas failures to adequately increase the minimum wage after 1979 account for almost half of the increase in inequality between women at the middle and bottom of the wage distribution. 5

https://www.thesimpledollar.com/financial-wellness/opinion/6-reasons-we-should-raise-the-minimum-wage/

6 Reasons Why We Should Raise the Minimum Wage | The …
https://www.thesimpledollar.com/financial-wellness/opinion/6-reasons-we-should-raise-the-minimum-wage/
Here are six reasons why raising the minimum wage is long overdue. 1. $7.25 is not a livable wage $7.25 an hour translates to $15,080 a year. The federal poverty line for a family of one is $12,760 a year.

https://www.forbes.com/sites/eriksherman/2021/02/25/why-a-higher-minimum-wage-panics-so-many/

Why A Higher Minimum Wage Panics So Many – Forbes
https://www.forbes.com/sites/eriksherman/2021/02/25/why-a-higher-minimum-wage-panics-so-many/
25 févr. 2021The cumulative federal budget deficit owing only to a higher minimum wage—paid for by businesses—supposedly would be $54 billion. The government would have to pay higher wages, some goods would…

https://www.businessinsider.com/why-democrats-want-to-gradually-raise-minimum-wage-15-2025-2021-2?op=1

Why Democrats Want to Gradually Raise the Minimum Wage to …
https://www.businessinsider.com/why-democrats-want-to-gradually-raise-minimum-wage-15-2025-2021-2?op=1
Democrats are proposing raising the federal minimum wage from $7.25 to $15 by 2025. The gradual increase would help businesses and lower-wage areas adjust to a higher minimum. In some states, $15…

https://minimum-wage.procon.org

Minimum Wage – Pros & Cons – ProCon.org
https://minimum-wage.procon.org
Raising the minimum wage would increase economic activity and spur job growth. The Economic Policy Institute stated that a minimum wage increase from the current rate of $7.25 an hour to $10.10 would inject $22.1 billion net into the economy and create about 85,000 new jobs over a three-year phase-in period. [ 1] E

https://www.usatoday.com/story/opinion/2021/02/26/big-business-behind-push-for-15-minimum-wage-column/4545386001/

Why do big businesses back a minimum wage increase?
https://www.usatoday.com/story/opinion/2021/02/26/big-business-behind-push-for-15-minimum-wage-column/4545386001/
26 févr. 2021President Biden has called for more than doubling the federal minimum wage to $15, and Congress is trying to mandate this massive increase in the upcoming pandemic relief package. It’s framed as a…

https://www.investopedia.com/ask/answers/052815/does-raising-minimum-wage-increase-inflation.asp

Does Raising the Minimum Wage Increase Inflation?
https://www.investopedia.com/ask/answers/052815/does-raising-minimum-wage-increase-inflation.asp
In theory, raising the minimum wage forces business owners to raise the prices of their goods or services, thereby spurring inflation. In actual practice, however, it is not so simple since wages…