Friday, February 26News That Matters

Tag: Minimum

NFL will increase minimum salary cap to $180 million in 2021

NFL will increase minimum salary cap to $180 million in 2021

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The NFL salary cap in 2021 has a fresh ground. NFL Network's Mike Garafolo reported Thursday that, in a memo to teams, the NFL acknowledged the salary cap ground has been elevated from $175 million to $180 million following talks with the NFLPA, per sources told of the topic. The memo in plump reads: "As you respect, one facet of the agreements negotiated final summer season with the NFLPA to handle operations all the procedure during the pandemic presents that the 2021 Salary Cap will most likely be no longer no longer up to $175 million. Following discussions with the union that addressed every right 2020 revenues and projected attendance for the 2021 season, we hang agreed to amplify the minimum Salary cap for the 2021 League Year to $...
Biden $15 minimum wage thought would crop 1.4 million jobs in 2025: CBO

Biden $15 minimum wage thought would crop 1.4 million jobs in 2025: CBO

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No results matched your search Economic system10 hours previously (Feb 08, 2021 05: 35PM ET) 2/2 © Reuters. Biden steps off Marine One in Washington 2/2 By David Lawder and Andrea Shalal WASHINGTON (Reuters) - U.S. President Joe Biden's thought to prefer the minimum wage to $15 per hour by 2025 would crop employment by 1.4 million jobs that year and make bigger the funds deficit by ...
Biden says minimum wage elevate looks to be to be like be pleased or now no longer it’s some distance no longer ‘going to outlive’ as allotment of COVID-19 relief kit

Biden says minimum wage elevate looks to be to be like be pleased or now no longer it’s some distance no longer ‘going to outlive’ as allotment of COVID-19 relief kit

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President Joe Biden says his proposal to lengthen the federal minimum wage to $15 an hour is now no longer more seemingly to execute it into the closing $1.9 trillion COVID-19 relief kit after negotiations with Congress.Biden, who advocated for a minimum wage elevate forward of the pandemic began, has pitched the speculation as an efficient design to again working-class American citizens address the industrial consequences of the disaster."No person ought to work 40 hours per week and live beneath the poverty wage. And while you’re making much less than $15 an hour, you’re living beneath the poverty wage," the president suggested CBS Evening Recordsdata host Norah O’Donnell on Friday. But he conceded that his notion to boost the federal minimum fee didn't stare more seemingly to be a allo...

Govt freezes minimum wage for the first time

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Hong Kong's minimum wage has been frozen for the first time since its implementation in 2011, and the welfare minister denied it be unfair to grassroots workers. Secretary for Labour and Welfare Legislation Chi-kwong launched on Tuesday that the town's minimum wage will be frozen at HK$37.5 an hour, the first time it obtained't disappear up on the tip of a biennial review. Legislation acknowledged the Minimum Wage Price, which accomplished the review in October, made the recommendation having in reality apt the financial recession and high unemployment, and the authorities current the advice. In its file, the charge acknowledged its majority observe is that if there have confidence been an expand in the minimum wage, extra employers would minimize low-paying jobs. The freeze will...