Oral arguments on the preliminary injunction to prevent Seattle's minimum
wage hike start today.
Not exact matches
And if tomorrow's job report shows no signs of real
wage growth (which is what economists predict it won't), the Fed's case for a rate
hike will
start to look more faith - based than empirically driven.
However,
hikes in minimum wages in a number of states and reports that prominent companies are having to offer higher pay to attract workers may
start to show up in
wage statistics in the months ahead.
Lawmakers have plenty to work on in the next few weeks leading up to the
start of the state's fiscal year, including whether to pass a minimum
wage hike as part of the state budget.
Starting in 2019, the budget director would review the effects of a minimum
wage hike on the state's economy and determine whether or not the increases should be temporarily suspended.