• A $15 minimum wage still won't be a living wage for many families, MIT and CNBC analysis says

    7 days ago - By Business Insider

    A protestor holds a sign in Upper Senate Park during a rally on Capitol Hill in Washington, Wednesday, July 22, 2015, to push for a raise to the minimum wage to $15 an hour.
    Al Drago/CQ Roll Call
    A CNBC analysis of cost-of-living data looked at how minimum wages compare to living wages.
    For families, the proposed $15-per-hour minimum wage still falls short of a living wage.
    For single adults, the $15 wage would bring about half of states to a living wage.
    Visit the Business section of Insider for more stories .
    A new CNBC analysis of cost-of-living data from Massachusetts Institute of...
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  • Too many people are still falling for harmful myths about raising the minimum wage

    7 days ago - By Business Insider

    Demonstrators participate in a protest outside of McDonald's corporate headquarters on January 15, 2021 in Chicago, Illinois.
    Scott Olson/Getty Images
    The Congressional Budget Office released a report last week on the impact of raising the minimum wage to $15 an hour.
    The report has been reduced to snappy headlines highlighting the projected price tag while ignoring the policy's benefits.
    It's concerning how many people are getting the facts wrong about raising the minimum wage.
    Jonathan Schleifer is the Executive Director of The Fairness Project, a non-partisan nonprofit focused on ballot...
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