(bnilsen)

Costco CEO Comes Out In Support Of Minimum Wage Increase

With the President using the State of the Union address to call for an increase to the federal minimum wage rate to $9, and lawmakers introducing a bill yesterday that would actually increase that amount to $10.10 over the next two years, folks around the country are debating the merits and problems of the issue. But Costco CEO Craig Jelinek says he is firmly behind the move. [More]

Dick Lee Pastry has paid the city $525K to settle charges of underpaying employees.

San Francisco Restaurant Ordered To Fork Over $525,000 In Back Pay To Employees

Employees at a restaurant in San Francisco were working up to 14 hours a day, six days a week for only $4/hour. But now, in the largest settlement of its kind in the city, the restaurant owners will pay out $525,000 in back wages and penalties. [More]

San Francisco Becomes First U.S. City To Cross $10 Minimum Wage Line

San Francisco Becomes First U.S. City To Cross $10 Minimum Wage Line

When the calendar flips over to 2012, minimum wage workers in San Francisco will be making a bit more, as the city becomes the first local in the U.S. with a bottom-line pay rate of more than $10/hour. [More]

Cheap Chinese Labor Will Die On Jan 1 With A Minimum Wage Increase

Cheap Chinese Labor Will Die On Jan 1 With A Minimum Wage Increase

Many of the things you buy and own were touched at some point by Chinese hands, and those hands are about to get a little more expensive. The Guangdong province in China, the seat of the country’s manufacturing might, is going to get a 20% minimum wage increase starting January 1st, 2012. [More]

McDonald's To Beef Up Workforce With 50,000 More Employees In April

McDonald's To Beef Up Workforce With 50,000 More Employees In April

Confirming that no matter how bad the job market gets, America’s hunger for fast food makes burger-flipping a growth industry, McDonald’s announced plans to hire 50,000 new American employees April 19. [More]

Study: Higher Minimum Wage Doesn't Increase Unemployment

Study: Higher Minimum Wage Doesn't Increase Unemployment

A new study shows that increased minimum wage does not increase unemployment. [More]

Lower Cost Of Living Means Less Income For Some

Lower Cost Of Living Means Less Income For Some

The good news: the cost of living is decreasing, or at least isn’t increasing. The bad news: Colorado is the first state to actually decrease its minimum wage, from $7.28 to $7.24, and Social Security recipients will not be receiving their routine cost-of-living adjustment, or COLA for 2010.

At Least Someone's Getting A Raise: Minimum Wage Rises To $7.25

At Least Someone's Getting A Raise: Minimum Wage Rises To $7.25

Great news, laid-off Wall Streeters, minimum wage work just a got bit more lucrative! As of yesterday, the new minimum wage is $7.25 per hour.

Minimum Wage Soars To $6.55, Working Poor Still Too Impoverished To Celebrate

Minimum Wage Soars To $6.55, Working Poor Still Too Impoverished To Celebrate

Great news, minimum wage workers: if you spend the next year working without getting sick or, um, going on vacation, you’ll make $13,624! Uncle Sam’s $0.70 minimum wage hike is the second of three to take effect before next summer, but the meager raise is hardly a godsend for the working poor.

Minimum Wage Rates Across The Country

Minimum Wage Rates Across The Country

With all this talk about the new minimum wage we thought we’d take a look at the state minimum wage rates from across the country.

Minimum Wage Bumps Up To $5.85 This Week

Minimum Wage Bumps Up To $5.85 This Week

The federal minimum wage is rising to $5.85 this week, up from $5.15. The change is part of a plan to give minimum-wage workers an additional 70 cent boost each summer until 2009, when the minimum wage will be $7.50, or about $15,000 a year before taxes and without taking time off.

Blogobitchin!

• A certain big blue box retailer uses fake statistics in ads to argue against minimum wage increases. Color me classy. [Beachwood Reporter]