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The Latest Breaking News from Minimum Wage

Zohran Mamdani is New York’s first millennial Mayor—experts say the young leader will 'challenge the status quo' set by boomers before him

Higher minimum wage for young workers, remote working and a 4-day workweek could get a spotlight thanks to New York’s first millennial Mayor

Fortune

Washington's State Capital Just Voted Against Increasing the Minimum Wage, Unemployment

Olympia residents apparently learned from Seattle’s experience that minimum wage hikes do not improve the welfare of the worst off in society.

Reason

University still pays off – even in lower-wage Britain

In the upcoming budget, Chancellor Rachel Reeves is expected to raise the minimum wage to £12.70 an hour: £26,416 annually for a full-time job. This means that the gap between salaries for minimum wage jobs and those for professional jobs that require a degree is shrinking fast.

The Conversation

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Nigel Farage suggests young people on minimum wage earn too much

Reform UK leader also predicted a general election within the next two years, as a consequence of Rachel Reeves’s ‘austerity Budget’

The Independent UK

The Left's Secret Repeal of No Taxes on Tips

Progressive cities are scrapping the tipped-wage credit, shifting workers from tax-free tips to taxable wages, and likely leading to lower take-home pay.

Reason

If New York Costs $113K a Year, How Could You Afford To Live There?

Find out more about New York's cost of living and exactly how you could afford to live there.

GOBankingRates

Labour urged to rethink scrapping minimum wage youth rates amid ‘Neets’ rise

Thinktank fears 16- to 24-year-olds not in education, employment or training could be ‘priced out’ of entry-level jobs

The Guardian - UK

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Keep age-based minimum wage to help young people into work, says think tank

Rachel Reeves has been urged to scrap plans to abolish the lower minimum wage rates for under-21s.

The Independent UK

Over 65 London employers including a council fined £1.6m after 7,400 workers paid less than minimum wage

London firms have been fined £1.6million and told to backpay thousands of workers after failing to pay the National Minimum Wage

Evening Standard

Nearly 500 firms fined for failing to pay minimum wage

IN FULL

The Independent UK

British Gas owner and Holland & Barrett fined for paying less than minimum wage

Around 42,000 people have been repaid by their employers after being left out of pocket, the Department for Business and Trade said

The Independent UK

Holland & Barrett and British Gas owner among firms fined for underpaying staff

The Department for Business and Trade released a list of 491 employers that underpaid workers over several years.

Evening Standard

Minimum Wage Rules for Food Delivery App Workers Have Been a Disaster. New York City Is Expanding Them.

After restaurant delivery drivers quit in droves and costs soared, the city is expanding minimum wage rules to grocery couriers.

Reason

California's Fast Food Minimum Wage Hike Cost the State 18,000 Jobs. That Shouldn't Surprise Anyone.

Lawmakers made an exception for smaller restaurant chains, implicitly acknowledging that the law would come with costs.

Reason

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The Independent UK

Warning Britain is becoming ‘unattractive’ place to hire new staff

The national minimum wage rose in April, but driving up labour costs for employers

GOBankingRates

How McDonald’s Fight Against Tips Could Affect Your Wallet

Here is how McDonald's fight against tips could impact your wallet.

We Got This Covered

MAGA Karen tries to trick minimum wage barista into shouting Charlie Kirk’s name but throws a hissy-fit when she refuses

Working for Starbucks and being paid minimum wage is miserable enough as it is without even bringing politics into it. So you can only imagine how stressful it must be to deal with a right-wing Karen who’s angry at you for using your free speech to choose not to say…

Texas Observer

Texas Domestic Workers Face Trump Attack on Minimum Wage

Advocates warn a proposed rule by the Department of Labor will deepen the country’s “crisis of care.”

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The Independent UK

What France’s crackdown on British tourists means for you: How to navigate new post-Brexit border demands

Exclusive: UK visitors to France must have medical insurance and cash worth half of national minimum wage

Fortune

Bank of America CEO admits that AI is shrinking some departments even as bank boosts minimum wage to $25

“The key to that is really redeploying people and re-skilling them,” Brian Moynihan said on Bloomberg TV, adding that he hopes to redeploy, not replace.

Capital & Main

Business Groups Failed to Stop L.A.’s ‘Olympic Wage’ Increase. But the Battle’s Not Over.

Minimum wage increases will kick in for hotel and airport workers leading up to the 2028 Olympics after a referendum effort fell short. An industry coalition has cried foul.

International Business Times UK

McDonald's Declares War on Tipping Culture as It Quits US Restaurant Association: 'Pay Your Staff Properly!'

McDonald's exits National Restaurant Association over tipped wage dispute, with CEO Chris Kempczinski calling for equal minimum wages across the industry.

Fortune

McDonald’s CEO is grappling with a ‘two-tier economy’ as he slashes prices on value meals—and signals backing for a minimum wage increase

“Particularly with middle- and lower-income consumers, they’re feeling under a lot of pressure right now,” Chris Kempczinski said on CNBC.

Fortune

McDonald’s CEO says Trump’s no tax on tips creates ‘uneven playing field’ for its restaurants, which don’t get ‘customers to pay’ for labor

Chris Kempczinski raised concerns that restaurants paying tipped workers a lower minimum wage were getting an extra boost from the White House’s new provision.

GOBankingRates

Will Raising Federal Minimum Wage to $15 Ever Happen?

In the U.S., people cannot legally work for less than the federal minimum wage. However, at a low rate of $7.25 per hour, many believe it's not enough.

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