DOL to up minimum wage to $14 per hour for federal contractors
Despite the increase, the rate remains below Biden-era levels, which hit $15 per hour.


Glideslope AI-powered market news
1 stories in the last 7 days, reading neutral overall. Quiet in the last 24 hours.

| Day | Mood | Stories |
|---|---|---|
| Sun, Oct 11 | — | 0 |
| Sat, Oct 10 | — | 0 |
| Fri, Oct 9 | — | 0 |
| Thu, Oct 8 | 0.0 | 1 |
| Wed, Oct 7 | — | 0 |
| Tue, Oct 6 | — | 0 |
| Mon, Oct 5 | — | 0 |
| Sun, Oct 4 | — | 0 |
Despite the increase, the rate remains below Biden-era levels, which hit $15 per hour.

More than 600 companies underpaid staff, with £4m returned to workers, according to the government.

If You're 30 and Still Making Minimum Wage, What Went Wrong?

The introduction of the Living Wage For All Act by Senator Chris Murphy (D-CT) and congressional allies is pushing a radical economic proposal: a federally man…

Businesses, charities and politicans have reacted to criticism of the minimum wage by a minister.


Other proposals would also raise the minimum wage, but the legislation from Sen. Chris Murphy (D) aims the highest. He says it could energize voters.
Around 2.7 million people are set to receive a pay rise this week as the national minimum wage goes up by 50p to £12.71 for over 21s.

Many businesses have said they will have to pass higher wage costs onto customers.

Almost two dozen states are expected to boost their minimum wage at some point in 2026.

19 states just raised their minimum wage. See which states pay the most.
More than 8.3 million workers are expected to benefit from minimum wage hikes in 19 states including Arizona, California, Michigan, New Jersey and New York.

8 million minimum wage workers are up for a raise in January. Some will hit a historic $15 milestone.
Minimum wages are set to rise in 22 U.S. states and 66 cities and counties next year, even as the federal baseline wage remains at $7.25.

The move has been welcomed, but some experts say it will not cover the current cost of living.

Governments are pushing the policy to its limits
Three and a half million low-paid workers across the UK benefit from minimum wage rates.

A union-backed effort would boost wages for hotel and airport workers. But with tourism down, and the city in a slump, hotel owners fear for their survival.

'This is how California routinely kills entire industries'

Hundreds of thousands of workers will see more money in their paychecks starting next month due to minimum wage increases.

Germany's minimum wage is set to rise by about 14% over the next 18 months under an agreement that appears to defuse a potentially divisive issue for the new g…
Unlock the AI Macro Analyst to drill down into the data, explore hidden risks, and query the entire market briefing in real-time.
LOG IN / SUBSCRIBE