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Added on the 25/02/2021 13:00:00 - Copyright : EFE Inglés
Former Federal Reserve Chair Janet Yellen is now being confirmed for another top job--that of Treasury Secretary in the Biden administration. And according to Business Insider, she says raising the minimum wage to $15 an hour would have little to no impact on employment. Democrats support raising the minimum wage, but it remains a partisan issue due to its potential effects on the economy. GOP lawmakers consistently argue that raising the minimum wage would cost the country millions of jobs. However, Yellen said Tuesday that a $15 minimum wage increase wouldn't significantly impact the job market.
McDonald's franchisee Chris Habiger gave a tour to media at his technologically advanced restaurant in in St. Joseph, Missouri, on Wednesday, just a day before his next generation McDonald's restaurant is to open for customers on Thursday morning. Increasing use of robots in fast food comes amid a country-wide push to raise the federal minimum wage to $15 an hour. Of course, robots don't need a salary.
Governor Jerry Brown signs into law a bill raising California's minimum wage from $10 to $15 an hour by the year 2023, making it the highest in the nation. Rough Cut (no reporter narration).
U.S. Democratic presidential candidate Hillary Clinton, who has promoted raising the federal minimum wage to $12, New York Gov. Andrew Cuomo at a rally celebrating the raising of the state's minimum wage to $15. Rough Cut (no reporter narration).
Ahead of Tuesday's nominating contest in Wisconsin, Democratic presidential candidate Bernie Sanders says "if elected president, we're gonna have $15 bucks in every state." Rough Cut (no reporter narration).