NEWS
July 24, 2009
The minimum wage rises from $6.55 to $7.25 an hour today, the last of a three-step increase approved by Congress two years ago in order to return some measure of relevancy to the federal standard that had been stuck at a paltry $5.15 for a decade. For the estimated 4.5 million workers who stand to benefit, this will be a cause for celebration. Others fear that what amounts to a 10 percent wage increase could not be more disastrously timed. They believe employers already suffering in a recession will have little choice but to lay off more workers.
NEWS
By Ken Brooker-Langston | July 24, 2009
Today, the minimum wage rises to $7.25 an hour, boosting more than 2 million hardworking employees one step up the ladder of economic opportunity. The working poor needed this increase. Minimum-wage workers have fallen further and further behind the cost of living. In today's dollars, adjusting by the Consumer Price Index, the 1968 minimum wage would be equivalent to $10.08, half again as much as yesterday's minimum wage of $6.55. So compared to where we were yesterday, today's increase is a very welcome step in the right direction.
NEWS
By Hanah Cho | July 24, 2009
Do you feel uninspired at work? Do you have more frequent blah moments? Do you count the minutes until lunch break or until you can leave the office? With job cuts resulting in increasing workload and stress, it is any surprise you're feeling unmotivated? But don't expect to get re-energized from your boss or the company because, let's face it, it seems everyone is struggling. You have the power to take control and change your attitude. Here is some advice from Kathy Bovard, coordinator of the human resources development graduate program at McDaniel College in Westminster, on how to find your work mojo again.
NEWS
July 18, 2009
Md., federal minimum wage will rise to $7.25 per hour The federal minimum wage will increase to $7.25 on July 24, a move that affects 30 states, including Maryland. The current minimum wage in Maryland is $6.55. The U.S. Labor Department says a family with a full-time minimum wage earner will see $120 more in its monthly income. - Hanah Cho Stocks cap strong week with mixed finish NEW YORK - Investors are betting that the stock market has restarted its spring rally. Stocks ended little changed Friday but held onto an enormous gain for the week.
NEWS
December 16, 2008
Minimum wage hike could cost poor jobs Employers are already resisting "the impulse to lay off workers in the face of the current turmoil" ("A deepening crisis," editorial, Dec. 8), but additional challenges remain ahead. President-elect Barack Obama has promised to raise the federal minimum wage from $7.25 to $9.50, which means that many Maryland small businesses will have to make the difficult decision to let some employees go. According to research conducted by an economist at the University of California at Irvine, minimum-wage hikes clearly reduce the employment of those with the fewest skills.
NEWS
August 4, 2008
Maryland's minimum-wage law became moot last month when the federal minimum wage rose to $6.55 an hour, or 40 cents higher than what the state required. Next summer, the state minimum-wage law sinks further underwater when the federal wage rises to $7.25. Between now and January, when the next General Assembly session convenes, Gov. Martin O'Malley needs to formulate a plan to revive the state minimum wage to a realistic standard. The potential benefits of such a law on the lives of Maryland's working-class citizens - and on our most impoverished communities - are too great to ignore.
NEWS
July 27, 2008
Man electrocuted in Severna Park A contractor died after he fell into a hole in Severna Park and came into contact with a live power line, Anne Arundel County police said. Thomas Kikas Jr., an electrician trainee with Riggs Distler and Co., was restoring electricity to four homes when the accident occurred. Scientists face bay invaders Scientists at a new research center in Maryland will test strategies to kill invasive species and prevent them from hurting the Chesapeake Bay, according to an announcement.
NEWS
July 25, 2008
An increase in the federal minimum wage to $6.55 an hour took effect yesterday, and unlike last year's increase - the first one at the federal level in 11 years - this one affects Maryland workers (the state minimum wage is $6.15). Bloggers had plenty to say about a pay raise for workers on the job market's lowest rung. "CNN reports: 'Rep. George Miller, a California Democrat who was one of the sponsors of the measure in the House, said up to 13 million workers benefited from the first increase under the bill, which brought the federal minimum wage to $5.85 per hour in July 2007.
NEWS
By Matthew Hay Brown | July 23, 2008
WASHINGTON - About 64,000 workers in Maryland will get a pay raise tomorrow when the federal minimum wage bumps up to $6.55 an hour - the first federal increase to affect the state in a dozen years. For those working 40 hours a week at the state minimum of $6.15, the extra 40 cents an hour will amount to an additional $832 over the next 12 months. Another increase, scheduled to take effect next year, will add $1,456 a year. To Jason Perkins-Cohen, executive director of the Job Opportunities Task Force in Baltimore, it's "a small increase."
NEWS
By EILEEN AMBROSE | June 17, 2008
The job market for teenagers has been shrinking for a couple of years, but this summer it's looking exceptionally brutal. In fact, the teen employment rate earlier this year was the worst in 60 years, according to an April report by the Center for Labor Market Studies at Northeastern University. But there's an easy solution for parents with a family business: Hire your kid for the summer. It not only gets your son or daughter out of the house, but there are financial and other advantages for both of you. "Nepotism is great," says Barbara Weltman, author of J.K. Lasser's 1001 Deductions & Tax Breaks 2008.