Gradually raising the federal minimum wage to $15 an hour would boost pay for as many as 27 million workers, but it could also cost as many as 3.7 million jobs by 2025, according to a report released Monday from the nonpartisan Congressional Budget Office.
White adults in Indianapolis on average outearn black adults whether both groups were born to poor, middle class or wealthy parents.
The online retailer upped its minimum wage to $15 and raised other warehouse wages by $1 per hour, but employees learned Wednesday that there’s a tradeoff.
The retail behemoth will begin paying a minimum wage of $15 per hour in November, but local non-Amazon employers say they have strategies of their own for attracting and retaining workers.
The pay gains suggest that employers are increasingly competing for a limited pool of workers. Raises stemming from minimum wage increases in 18 states also likely boosted pay last month.
Rep. Linda Lawson and Sen. Jean Breaux are working together this session to pass legislation that would hold employers accountable for permitting a wage gap between male and female workers.
Employers added 156,000 jobs in August, enough to suggest that most businesses remain confident in an economy now in its ninth year of recovery. Pay raises are still meager, however.
Seattle-based Amazon employs more than 9,000 full-time workers at its five Indiana fulfillment centers, four of which are in central Indiana—with plans to add more positions.
The unemployment rate hit a nine-year low in November, although mainly because many people stopped looking for jobs and were no longer counted as unemployed.
An estimated 87,000 Hoosier workers will be affected by the change, which means companies could be making significant workforce investments as they weigh expensive compliance choices.
Employers raised pay, more people felt confident enough to look for work, and the unemployment rate dipped to 4.9 percent, its lowest level since 2008.
Advertisements for traditionally low-wage jobs in hospitality and retail decorate major thoroughfares in the northern suburbs, offering management positions and higher pay as incentives.
The firm is aiming to boost revenue with the biggest reorganization of its sales force in its 20-year history. But some salespeople fear the changes will cut their compensation.
High-profile Democrat Jim Schellinger’s new job could help both parties achieve a key goal: increasing wages for all Hoosiers.
U.S. wages and benefits grew in the spring at the slowest pace in 33 years, stark evidence that stronger hiring isn't lifting paychecks much for most Americans.
Owners of Indiana small businesses say a proposal by the Obama administration to give overtime pay to up to 5 million more people could force them to cut workers' hours or make changes to pay structures.
The rate fell mostly because many people out of work gave up on their job searches and were no longer counted as unemployed. Average hourly pay was flat.
The Labor Department said Friday that the economy added 257,000 jobs in January, previous months were revised up, wages rose by the most in six years, and more Americans entered the job market.