News

Obama signs order boosting minimum wage

Obama signs order boosting minimum wage

MINIMUM WAGE: Obama spoke about raising the minimum wage during his State of the Union address. Photo: Reuters

WASHINGTON (Reuters) – U.S. President Barack Obama signed an executive order on Wednesday to raise the minimum wage for federal contract workers to $10.10 an hour starting next year and encouraged employers nationwide to increase wages for their workers.

Obama announced during his State of the Union address last month that he intended to take executive action to raise wages for federal contract workers.

The order will affect workers starting on January 1, 2015, and applies to new contracts and replacements for expiring contracts.

Obama, who has also pressed Congress to enact legislation to raise the minimum wage for all workers nationwide, urged business leaders and government officials to do more to increase workers’ incomes.

“I would ask any business leader out there, any governor, any mayor, any local leader listening: do what you can to raise your employees’ wages,” he said, rejecting arguments that doing so would hamper the economy.

“It’s not going to depress the economy, it’ll boost the economy,” he said.

(Reporting by Jeff Mason; Editing by Jim Loney)

Recent Headlines

in Lifestyle

‘Autisms’ a more appropriate term, geneticists say

autism

There are so many different genetic forms of autism that using the singular term is misleading, researchers say.

in Entertainment

Emma Watson is Belle in ‘Beauty and the Beast’

emmawatson

The former "Harry Potter" star will play the princess in a live-action version of the Disney film.

in Entertainment

Seekers of the Hollywood Sign disrupt nearby neighborhood

hollywood

Like pilgrims flocking to a holy shrine, they come from all over the world to pay homage to a symbol of celebrity.

in Music, Viral Videos

Blake Shelton plays the ‘Whisper Challenge’

16-overlay6

Jimmy Fallon and Blake Shelton play a ridiculous guessing game involving noise-canceling headphones.

in Lifestyle

‘No-tip’ restaurant offers food for thought on pay, benefits

tip

The restaurant has reignited debate over working conditions in the food service industry.