Sentences with phrase «current wage rise»

Not exact matches

But that is what would have to happen, because the current consumer price deflation of -0.3 percent can not be stopped, and reversed, without rising employment creation, accelerating wage claims and a sustained increase in the growth of domestic demand.

Social Security benefits increase automatically each year based on the rise in the Bureau of Labor Statistics Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI - W), from the third quarter of the prior year to the corresponding period of the current year.

The governor's new pitch is a hefty jump from the state's current $ 8.75 minimum wage, which is set to rise to $ 9 per hour by next year.

In the Rochester region, and the rest of the state outside New York City, Long Island, and Westchester County, the minimum wage will rise to $ 9.70 an hour, up from the current $ 9 an hour.

However, the Federation for Small Businesses (FSB) warned against any further rises in the minimum wage, which has gone up every year since its introduction in April 1999, to a current level of # 5.35 for the over-22s.

Sources say the leading plan would raise the current minimum wage of $ 9 per hour to $ 12.50 in upstate counties by 2021 followed by an economic study to determine whether the wage level should keep rising to an eventual cap of $ 15 per hour, possibly by 2023.

Under that wage scheme, sources say, the current hourly rate would rise from $ 9 to $ 15 in New York City by 2018 and reach $ 15 by 2021 in Westchester, Nassau and Suffolk counties.

The current minimum wage is $ 9 an hour, though fast - food workers will see their rate rise to $ 15 an hour over the next several years.

«And for those working on salaries a bit higher than the current minimum wage, you'll also be better off because there will be a ripple effect as wages rise... that will mean six million people with higher pay.»

During speeches in each city, Cuomo argued that the current minimum wage, which will rise to $ 9 an hour at year's end, provides less income than the federal poverty level.

Geraldine Morris, head of family at LexisPSL, says: «It's no surprise that divorces are being delayed in the current economic climate; with high cost of living, increasing property prices and low wage rises many families are feeling under significant financial pressure, a pressure that would be increased further if resources were stretched across two households rather than one.

If you discover the industry average wage for your role is higher than your current wage then you have every right to bring this information into the pay rise meeting with you.

«National median home prices began their most recent rise during the first quarter of 2012 but had climbed to unsustainable levels given the current pace of inflation and wage growth,» he explains.