Wages make up a big portion of labor expenses, including minimum wages, which is considered a semi-variable cost. We explain why below. The term minimum wage refers to the lowest wage an employer ...

Democratic state senators took public testimony Tuesday on a sweeping labor standards proposal that aims to incrementally ...

About two-thirds of them are women, according to the U.S. Bureau of Labor Statistics, and many are supporting their families on minimum wages set at the federal government's floor of $7.25 an hour.

Thus, the wage for 2025 was set in September 2024. According to data from the U.S. Department of Labor, Ohio is one of 30 states with a higher minimum wage than the federal wage, but one of just ...

which is easily the longest period without a raise in the federal minimum wage — 15 years — since the Fair Labor Standards Act was passed in 1938. Vermont Sen. Bernie Sanders, a leading ...