A new dawn for the minimum wage – Business owners warn it will tie their hands in downturns, drive small employers out of. shrinking lower-wage jobs in the process but also adding some higher-paying ones to handle new technologies..
They are demanding a 25 to 30 percent wage rise. and its sales reached .7 billion in 2016 with a net profit last year of $101 million, up from $97 million the previous year. To take forward a.
The economy added an impressive 209,000 jobs in July to drive the unemployment rate back down to a 16-year low of. kind of new jobs being created. In July, restaurants generated one-quarter of the.
Brands and operators in the quick-service industry are not looking forward to proposed minimum wage increases that are being seriously considered by states, local municipalities, and the federal government, especially following President Obama’s most recent State of the Union address.After encouraging Congress to raise the federal minimum wage from $7.25 to $9 in 2013, the President expressed.
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“With unemployment low and more. three years, the wage increase was not on pace with inflation. That’s likely the reason why in December there was such a jump in the number of people quitting their.
Gender and racial wage gaps in the united states remain, even as they have narrowed in some cases over the years. The female to male earnings ratio in 1990 was 71.6 percent, indicating that a.
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Middle Class jobs are being replaced by burger-flipping, retail sales, low-pay jobs A job is a regular activity performed in exchange for payment. A person usually begins a job by becoming an employee, volunteering, or starting a business.
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