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Biden pardons nearly 2,500 nonviolent drug offenders; Israeli security cabinet recommends Gaza ceasefire deal; Report: AL needs to make energy efficiency a priority; Lawmaker fights for better health, housing for Michiganders; PA power demand spurs concerns over rising rates, gas dependency.

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Biden highlights the challenges faced reaching a Gaza ceasefire, progressives urge action on the Equal Rights Amendment, the future of TikTok remains up in the air, and plans for protests build ahead of Trump's inauguration.

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"We can't eat gold," warn opponents of a proposed Alaskan gold mine who say salmon will be decimated. Ahead of what could be mass deportations, immigrants get training about their rights. And a national coalition grants money to keep local news afloat.

Study: Low wage workers in AR could benefit from minimum wage increase

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Friday, October 4, 2024   

A new study finds minimum-wage increases have little or no impact on job loss. The Economic Policy Institute study comes as federal lawmakers consider raising the minimum wage.

The minimum wage was last increased in Arkansas in 2008 from $6.25 to $11 an hour. The report's author, Ben Zipperer, a senior economist at the EPI, said the minimum wage has consistently raised the income for low-wage workers.

"They have done so in a way that doesn't cause any big negative employment shocks or big disruptions in the local economy," he said. "What that means is that minimum wages have largely been successful in their primary aim of making it easier for low-wage workers to make ends meet."

Zipperer said earlier research that used outdated methods is part of the reason raising the minimum wage is so controversial. The Minimum Wage Act covers employers with four or more employees.

Vice President Kamala Harris is floating the idea of raising the federal minimum wage, but a dollar amount has not been announced. It's been 15 years since Congress last raised the minimum wage to $7.25 an hour.

Zipperer said not raising it harms workers.

"That's really putting downward pressure on a lot of low-wage workers' wages," he said, "and it means that they're earning much less than they would were we to actually have an updated minimum wage, rather than the outdated minimum wage standard that we have today."

He said that while it's more expensive to hire workers, being able to retain them actually saves employers money. The study noted that because of inflation, the federal minimum wage value has fallen 29% since the last time it was increased.


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