wage increase

2 Stories

Inflation Hurts US Workers; Europeans Keep Pace

But higher Europe wages drive up prices

(Newser) - Workers in the US are falling behind inflation while their counterparts in the 15-nation Eurozone are keeping pace, in part because of more powerful unions, the Wall Street Journal reports. But rising wages may damage the European economies, as they deter companies from hiring and in turn boost inflation. When... More »

Minimum Wage Gets Bump

Tomorrow's 70-cent raise to $6.55 could spell job loss for young

(Newser) - The federal minimum wage will get a 70-cent boost tomorrow to $6.55 an hour, reports the Baltimore Sun, but it's not good news for everyone. The bump will help workers chip away at rising food, gas, and health care costs, raising the annual payoff of a 40-hour work week... More »

2 Stories