Minimum Wage

60 percent of Americans live with a minimum wage higher than the federal one, By Janell Ross, June 18, 2015, Washington Post: “When Los Angeles Mayor Eric Garcetti signed a law Tuesday forcing the city’s employers to begin paying a $15-an-hour minimum wage by 2020, the move wasn’t exactly applauded by the business community. But more and more, the business community is losing this battle. Not at the federal level, mind you, but at the state and local level. In fact, so many cities and states have boosted their minimum legal wage above federal government’s $7.25 an hour that at least 60 percent of the country’s workforce now lives in a place in which the minimum wage sits well above that national requirement, according to David Cooper, an economic analyst with the left-leaning Economic Policy Institute…”