Skip to content
Catholic Online Logo

By Catholic Online (NEWS CONSORTIUM)

6/3/2014 (5 months ago)

Catholic Online (www.catholic.org)

Washington city becomes highest paying major city in America

In a historic move, they city council of Seattle voted unanimously to raise the minimum wage to $15 per hour, which is twice the U.S. required minimum wage.

Seattle residents gathered to support the measure to increase the city's minimum wage to $15 an hour.

Seattle residents gathered to support the measure to increase the city's minimum wage to $15 an hour.

Highlights

By Catholic Online (NEWS CONSORTIUM)

Catholic Online (www.catholic.org)

6/3/2014 (5 months ago)

Published in Business & Economics

Keywords: US, News


LOS ANGELES, CA (Catholic Online) - The decision will go into effect next year, and through the next three to seven years, it will eventually rise from the city's current minimum wage of $9.32.

Join the fight against world hunger.

This decision gives Seattle the distinction of having the highest minimum wage of any major U.S. city. The federal minimum wage is set at $7.25, though 38 states have set higher levels. California, Connecticut, and Maryland have all recently passed laws increasing their minimum wages to $10 or more.

Previously, San Francisco held the highest minimum wage at $10.74 an hour, and in 2013, a small town near Seattle, SeaTac, passed a similar $15 an hour measure.

The vote, "sends a message heard around the world," said one city councilor.

Seattle's mayor, Ed Murray, had run for election on the minimum wage issue, in fact, the actual proposal that was voted on by the city council came from an advisory group of labor, business and non-profit representatives, which was organized by Murray.

The plan allows smaller businesses to wait up to seven years to increase the wage, while those who provide health insurance to their employees will get four. Firms with more than 500 employees nationally will have at least three years to increase the wage.

A few local businesses have come out in support of the measure, but a group of restaurant owners say that the measure will force them to cut back on new employees and operational hours.

One group of lobbyists is going to sue because of the varied phase-in time.

"The suit will seek to overturn the unfair and discriminatory minimum wage plan that was approved by the City Council," said the International Franchise Association in a statement.

President Barack Obama has recently called for an increase in the federal minimum wage to $10.10, a decision that has caused some criticisms, and would require action by a heavily partisan Congress.

---


Pope Francis: end world hunger through 'Prayer and Action'


2014 - Distributed by THE NEWS CONSORTIUM

Pope Francis Prayer Intentions for November 2014
Lonely people:
That all who suffer loneliness may experience the closeness of God and the support of others.
Mentors of seminarians and religious: That young seminarians and religious may have wise and well-formed mentors.



Comments


More Business & Economics

Is Apple about to hit $1 trillion? Not if Google has anything to say about it Watch

Image of While Apple dominates the smartphone market, some suspect that its heavy reliance on products will lead to its downfall to companies who offer more services and software.

By Catholic Online (NEWS CONSORTIUM)

Silicon Valley tech giant Apple may one day be worth more than a trillion. Just for a second think about how massive that is. LOS ANGELES, CA (Catholic Online) - The maker of mac computers, iPods, iPhones and more is already worth more than $670 billion, and has a $260 ... continue reading


Feet on the desk - more and more Americans simply don't want to work anymore Watch

Image of Pew Research says that 39 percent of 16 to 24-year-olds don't want to work, up a substantial amount from 29 percent in 2000.

By Catholic Online (NEWS CONSORTIUM)

Nearly four in 10 Americans, or 92 million, are not in the labor force. Many are unemployed for no fault of their own. Many others have simply stopped looking for work. Why? The reasons are complex. LOS ANGELES, CA (Catholic Online) - The largest group of people ... continue reading


REAL INCOME INEQUITY: 85 richest people now have as much money as poorest 3.5 billion Watch

Image of Billionaire investor Warren Buffett remarked more than three years ago that

By Catholic Online (NEWS CONSORTIUM)

The very rich and the very poor just grew further apart. According to Oxfam, the broadening chasm between wealth and poverty has grown so wide that the 85 richest billionaires on the planet, such as Carlos Slim, Bill Gates and Mark Zuckerberg now have as much ... continue reading


Jaded with politics? It's because America has become a plutocracy -- but Catholic Social Doctrine has the fix Watch

Image of It's money, not votes that really makes the difference in a plutocracy.

By Marshall Connolly, Catholic Online (NEWS CONSORTIUM)

As Americans head to the polls this election day, they are extraordinarily jaded. Fed up with campaigns, elections, and the lack of change and benefit to them as individuals, most Americans feel dissatisfied and angry. Notably, the solution to this problem will not be ... continue reading


SURVEY: Singapore best country to do business with, for ninth year in a row Watch

Image of The World Bank ranked Singapore tops for the ninth year in a row.

By Catholic Online (NEWS CONSORTIUM)

Conservative and strict - there are heavy penalties for littering, as well as being wildly prosperous, the feisty Asian nation of Singapore has been ranked as the single best nation to do business with, according to the World Bank. The bank ranked Singapore ... continue reading


Is it a sign of impending collapse? Financial savant Warren Buffett loses two billion in stock market Watch

Image of Warren Buffett recently lost $2 billion from investments in Coke and IBM, which have led some to believe that a stock market slowdown might be imminent.

By Catholic Online (NEWS CONSORTIUM)

Warren Buffett, the man known for focusing on long-term investment performance as apposed to making the quick buck, has lost $2 million in investments. LOS ANGELES, CA (Catholic Online) - Buffett owned Berkshire Hathaway investment house has large investments in ... continue reading


Christmas shopping in October? Apparently it's becoming a big deal Watch

Image of Shoppers are already out, despite the fact Halloween hasn't even arrived.

By Catholic Online (NEWS CONSORTIUM)

Shoppers are starting early with October 5 being declared by retailers as "Stock Up Saturday." Consumers are already Christmas shopping which means more of the revenue available to retailers will be harvested earlier in the shopping season. For retailers that choose to ... continue reading


List of Top 20 World Brands - Apple tops Google as world's leading brand for second time in row Watch

Image of The Apple Watch has enjoyed success in numerous fashion circles, featured on the cover of Vogue, among others.

By Catholic Online (NEWS CONSORTIUM)

Apple has topped Google as the world's most valuable brand for the second year in a row. The two companies are the only brands to be valued at more than $100 billion, according to the annual Best Global Brands report. LOS ANGELES, CA (Catholic Online) - ... continue reading


Here they come! China passes U.S. economy based on purchase power Watch

Image of Under President Obama's administration, China may surpass the U.S. economy.

By Catholic Online (NEWS CONSORTIUM)

The International Monetary Fund (IMF) has reported that China has overtaken the United States and is now the world's largest economy, at least based on purchasing power parity (PPP). LOS ANGELES, CA (Catholic Online) - The IMF said that by the end of 2014, China ... continue reading


Rosie the Riveter would cry: Record 55,553,000 women not participating in U.S. workforce Watch

Image of The strides made by women in the workplace sadly isn't reflected in recent job statistics.

By Catholic Online (NEWS CONSORTIUM)

The strides made by women in the workplace seems to have gone up in smoke across the United States. The determined visage of Rosie the Riveter during World War II to women taking the place of men in hard industry - declaring "We can do it!" would certainly shed ... continue reading


All Business & Economics News

Newsletters

Newsletter Sign Up icon

Stay up to date with the latest news, information, and special offers

Daily Readings

Reading 1, Revelation 18:1-2, 21-23; 19:1-3, 9
1 After this, I saw another angel come down from ... Read More

Psalm, Psalms 100:2, 3, 4, 5
2 serve Yahweh with gladness, come into his presence ... Read More

Gospel, Luke 21:20-28
20 'When you see Jerusalem surrounded by armies, then ... Read More

Saint of the Day

Saint of the Day for November 27th, 2014 Image

St. James Intercisus
November 27: James was a favorite of King Yezdigerd I of Persia and a ... Read More

Inform, Inspire & Ignite Logo

Find Catholic Online on Facebook and get updates right in your live feed.

Become a fan of Catholic Online on Facebook


Follow Catholic Online on Twitter and get News and Product updates.

Follow us on Twitter