Costco Raises Minimum Wage to $16, But Won’t Advocate for All Businesses to Follow

Costco will raise its company-wide minimum wage to $16 per hour, a one-dollar increase that raises its wages higher than its fellow big-box retailers, the company’s CEO said during a congressional hearing Thursday.

Costco plans to raise its minimum wage from $15 to $16 because it is committed to paying workers “very competitive retail wages,” CEO Craig Jelinek said during a Senate Budget Committee hearing Thursday. Jelinek stopped short of advocating in favor of a federal minimum wage overhaul, instead saying he was solely focused on Costco.

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Ohio Sen. Portman Offers Minimum Wage Increase, Legal Worker Verification Plan in U.S. Senate

With plans to include a $15 minimum wage in President Joe Biden administration’s COVID-19 recovery proposal quashed by rules procedures, U.S. Sen. Rob Portman, R-Ohio, has introduced his own wage hike.

Portman’s legislation calls for a more modest minimum wage increase to $10 an hour over the next four years and ties it to inflation every two years. It also ties the minimum wage to his recently introduced E-Verify Act legislation that helps ensure the increase goes only to legal workers.

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Nation’s Top Small Business Group Doubles Down in Minimum Wage Fight

The leading advocacy organization for small businesses in the U.S. is focusing its legislative efforts on defeating a proposal to increase the federal minimum wage to $15 per hour.

The minimum wage is the biggest issue the National Federation of Independent Businesses (NFIB) has lobbied on recently, the group told the Daily Caller News Foundation. After a series of pandemic-related victories on Capitol Hill, capped off by the December stimulus package that included $284.5 billion for small businesses, NFIB decided to lobby Congress to “do no harm.”

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CBO: $15 Minimum Wage Would Lead to 1.4 Million Lost Jobs, Impacting Young, Less Educated the Most

Unemployment line

A $15 minimum wage would result in 1.4 million jobs lost and disproportionately hurt younger workers and those with less education, a new Congressional Budget Office report says.

President Joe Biden, U.S. Sen. Bernie Sanders and other Democrats have proposed raising the federal minimum wage to $15 an hour by 2025, more than double the current federal minimum of $7.25 an hour.

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Commentary: A One-Size-Fits-All Federal Minimum Wage Makes Zero Sense

President Joe Biden’s new $1.9 trillion COVID-19 relief proposal includes a surprising provision: raising the federal minimum wage to $15.

The fight for a higher minimum wage is not new, although it has been intensified by current events. The idea, more specifically, is to provide a “living wage.” Proponents argue that, currently, minimum wage workers cannot afford basic living expenses. But even if one assumes for the sake of argument that this is true and sets aside the fact that small businesses are already on the brink of collapse, it’s impossible to determine one suitable “living wage” for all parts of a vast and diverse country like the United States.

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Minimum Wage Hikes Set for 2021 Imperil Businesses Struggling Amid COVID Shutdowns

More than 80 states and local municipalities are slated to see minimum wage hikes in 2021, even as business owners continue to struggle during the coronavirus pandemic.

The Employment Policies Institute, a non-profit based in Washington, D.C., that studies how public policy impacts employment growth, released a comprehensive list of the minimum wage increases that will go into effect next year and in subsequent years.

“Minimum wage increases are demonstrated to cause job losses even in times of economic health,” said Michael Saltsman, EPI’s managing director. “These states and local areas are increasing the cost of labor as businesses are dealing with forced closures or a drastic drop in revenue. Employers and employees will pay the price for these misguided good intentions.”

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Ossoff Says Feds Should Ensure Illegal Immigrants Aren’t Paid ‘Less Than Minimum Wage’

Democratic Georgia Senate candidate Jon Ossoff in a Monday campaign video called on federal immigration authorities to ensure illegal aliens aren’t being paid “less than minimum wage.”

“In Georgia’s agricultural sector, the campesinos (farm workers) who work in the fields, enduring some of the most brutal conditions of labor anywhere in this country to keep America fed, paid less than the minimum wage, [are] often subject to abuse by employers,” Ossoff told a group of supporters on the video call.

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Commentary: How Our Culture Disempowers Teens

Teenagers are extraordinarily capable. Louis Braille invented his language for the blind when he was 15. Mary Shelley, daughter of libertarian feminist Mary Wollstonecraft, wrote Frankenstein when she was 18. As a young teen, Anne Frank documented her life of hiding from the Nazis during World War II. Malala Yousafzai won the Nobel Prize at 17.

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Commentary: Support for $15 Minimum Wage Plummets When Americans Are Told Its Economic Impact

by Jon Miltimore   Minimum wage laws, I’ve noted, are popular with the public. This no doubt explains why House Democrats passed a bill Thursday that would raise the federal minimum wage to $15 an hour. Yet the minimum wage’s apparent popularity might be political pyrite (fool’s gold). A newly…

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Commentary: Three Groups of People Disproportionately Harmed by Minimum Wage Laws

by Bill Wirtz   Minimum wage laws are intended to help those who are making very little money, yet they achieve quite the opposite. Can you really say you stand for the disadvantaged if you support minimum wage laws? Moral Superiority Minimum wage laws have been around for a while,…

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STUDY: Minimum Wage Hikes Are Killing Jobs in California’s Poorest Communities

by Tim Pearce   California’s minimum wage increase has cost the state thousands of jobs worth of growth in the state’s booming restaurant industry, according to a recent study by the University of California Riverside. Delayed Effects California passed a bill in 2016 to bring the state’s minimum wage up to $15…

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Ten Laws That Spell Major Changes for Ohio in 2019

In terms of legislation, 2018 may be considered one of Ohio’s most impactful years in recent history. From the approval of the first medicinal marijuana dispensary to new abortion limitations, 2019 will see a dramatic change for many Ohioans. Compiled below are ten of the most significant changes coming to the…

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Ohio Minimum Wage to Increase at Start of New Year

The Ohio hourly minimum wage will be increasing on January 1, 2019. For non-tipped employees, hourly earnings will increase to $8.55 per hour, from $8.30. For tipped employees, hourly earnings will increase to $4.30 per hour, from $4.15. In addition, working longer than 40 hours will be considered overtime and…

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Amazon Raises Minimum Wage After Workers Collectively Pushed Back At ‘Robot’ Culture

Amazon

by Grace Carr   All full-time, part-time, temporary and seasonal Amazon employees will now receive higher pay after the company announced Tuesday that it will raise the minimum wage to $15 per hour. “We listened to our critics, thought hard about what we wanted to do, and decided we want to…

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Commentary: The New York Times Explains Why the Minimum Wage Should Be $0.00

by John Miltimore     One of the greatest takedowns of the minimum wage you’ll ever find comes from an unlikely place: The New York Times. There are many reasons people and politicians find the minimum wage attractive, of course. But the Times, in an editorial entitled “The Right Minimum Wage: 0.00,”…

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Study: Minnesota’s Minimum Wage Hike Cost Teenagers Thousands Of Jobs

minimum wage protest

by Tim Pearce   Minnesota’s minimum wage has cost young and low-skilled workers thousands of jobs in the fast-food restaurant sector since 2013, according to University of Wisconsin economics professor Noah Williams. Williams tracked and compared employment data in Minnesota and Wisconsin from 2014 to 2018, over which Minnesota’s minimum wage increased…

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Occupational Licensing Reform: A Bipartisan Blueprint for Helping Low-Income Workers

bureaucratic stamps

by Alex Muresianu   A new report from the University of Wisconsin-Madison comparing employment between Minnesota and Wisconsin after Minnesota raised its minimum wage found that Minnesotan workers saw a decline in employment, especially for young, inexperienced, and low-skilled workers, as employment in Wisconsin rose. Despite this evidence reaffirming that the minimum wage can hurt…

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The Left’s Delusions on Economics and the Slow Decline of Human Employment

Steve Gill

During Monday’s broadcast of The Gill Report – live on WETR 92.3 FM in Knoxville – conservative political commentator and Tennessee Star Political Editor Steve Gill questioned whether the left truly understands the dynamics of equality and economics and how mandating the rise of minimum wage may inadvertently deplete a human…

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