A National Bureau of Economic Research study released late last month by economists with the University of California at San Diego found that mandatory increases in the federal minimum wage between 2007 and 2009 had “significant, negative effects on the employment and income growth of targeted workers.” The study shows hikes in the federal minimum wage during the Great Recession led to the loss of approximately 1.4 million jobs held
Yesterday the Tacoma City Council took the first step toward approving an ordinance that would require all employers to provide paid sick and safety leave to all workers. The mandatory paid leave proposal passed the first hurdle, a “first reading” of the ordinance, with unanimous support from the Council. The proposal will next face a final vote of the Council, likely sometime in January.
In October, I wrote about King County officials’ proposal to dramatically increase the Right of Way (ROW) use fee they charged to wireless phone providers. In their proposed 2015-16 county budget, some County officials wanted to increase the fee from the current $2,000 to $5,000 to a staggering $10,000, with a 4% automatic increase every year. The fee is ultimately paid by cell phone customers in the form of higher service prices.
While the seemingly “modest” or “measured” .8% increase in workers’ compensation taxes for 2015 appear unremarkable and have garnered little criticism, our neighbors to the south continue to enjoy significant rate decreases.
After announcing an average workers’ compensation tax increase for 2015 that is less than originally proposed, the state Department of Labor & Industries (L&I) is making sure the business community and media know how much employers and workers will save.
Last week the state Department of Labor & Industries (L&I) announced the average rate increase for workers’ compensation taxes in 2015 would be .8%, a full percentage point less than the 1.8% increase the agency first proposed this fall. L&I says this lower tax rate will allow employers and workers to “keep about $20 million in their pocketbooks—money they would have paid into the syst
President Obama has announced his support for regulating the Internet, also known as “net neutrality,” and is asking the Federal Communications Commission (FCC) to apply the “strongest possible rules” on Internet service providers. The President's “net neutrality” would regulate Internet providers as public utility companies, under the same law that regulates telephone companies.
The Indiana Supreme Court has dealt another blow to unions desperate to turn back existing right-to-work laws and stop them from spreading to other states. Yesterday the Court unanimously rejected a lawsuit by unions to have the state’s recently passed right-to-work law found unconstitutional.
The CEO of CKE Restaurants, which runs 2,000 restaurants nationwide, published an outstanding editorial in the Wall Street Journal last weekend that explains why a government mandate increasing the minimum wage is bad for employers and workers.