Minimum wage to increase by 4.1% from Apr.
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Key Takeaways Raising the minimum wage might increase the number of “good jobs” that provide solid benefits, reasonable levels of autonomy, and career paths, according to a new study.An analysis of minimum wage hikes in Uruguay found that wages rose the most for lower-income workers and wage inequality decreased,
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The U.K. just hiked its minimum wage again. Now it’s more than double the U.S.’s hourly pay floor.
British workers are about to get a minimum-wage bump higher, putting the U.K. near the top of a world ranking.
The City Council is advancing a bill that would set a minimum wage for construction workers on city-funded affordable housing projects. But industry leaders warn that the measure would significantly increase the cost of building affordable units and decrease the number constructed — complicating the agenda of Mayor-elect Zohran Mamdani.
The minimum wage in New York State is set to increase to $17.00 in New York City, Long Island, and Westchester County and to $16.00 for employees in the rest of the state, beginning January 1, 2026, along with several other wage credit adjustments affecting employers.
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Minimum-wage jobs fall short of rent affordability in Richmond
Richmond’s current minimum wage is $12.41 an hour, but renters can only afford 45% of the median one-bedroom rent in the city, according to the analysis. The minimum wage rate in Virginia will increase at the start of next year, in accordance with state law.
South Dakota is one of 30 states that has adopted a minimum wage higher than the federal minimum wage of $7.25 per hour.
An increase in labour costs set to be included in today's Autumn Budget has been described as a "massive blow" to the construction sector. After weeks of
Chancellor Rachel Reeves announced the pay increase for millions of low-income workers, causing concern for business experts.
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