The Economic Policy Institute is releasing information from their study, which says increasing the federal minimum wage from $7.25 to $9.80 per hour would create 1,800 net new jobs in Alabama and give nearly half a million Alabamians a raise. EPI is a nonprofit policy research organization based in Washington, D.C. The organization says a wage increase would boost economic growth and help millions of low-income workers still struggling in the recession's aftermath, the study finds.
The EPI report analyzes the effects of federal legislation proposed by U.S. Sen. Tom Harkin, D-Iowa, and U.S. Rep. George Miller, D-Calif. The measures would increase the minimum wage in three 85-cent increments until it reached $9.80 per hour in July 2014. The bills also would increase the tipped minimum wage for restaurant servers and other workers, which has been $2.13 per hour since 1996, in 85-cent increments until it reached 70 percent of the regular minimum wage. The amounts then would be indexed to inflation.
More than 28 million Americans would receive a total of almost $40 billion in higher wages if the increase becomes law, the report estimates. In Alabama, more than 492,000 people would see $741 million in additional wages. The average annual wage increase would be $660. The increases would go both to workers making minimum wage and to people with wages between the current minimum wage and the proposed new level. The study suggests a higher minimum wage would benefit workers across all demographic groups, not just teenagers working part-time summer jobs.
The full EPI report, "How Raising the Federal Minimum Wage Would Help Working Families and Give the Economy a Boost," is available by clicking here.
Tuesday, May 21 2013 6:37 PM EDT2013-05-21 22:37:07 GMT
Over the last few years, deadly tornadoes reduced schools in Central Alabama to piles of bricks. Many of those districts are now rebuilding much stronger and safer schools. A state mandate came afterMore >>
Over the last few years, deadly tornadoes reduced schools in Central Alabama to piles of bricks. Many of those districts are now rebuilding much stronger and safer schools.More >>
Tuesday, May 21 2013 6:36 PM EDT2013-05-21 22:36:18 GMT
State lawmakers don't expect to return to Montgomery until January, 2014. Long before then, the Alabama Accountability Act will be in place. The measure allows parents to take their children out of a failingMore >>
State lawmakers don't expect to return to Montgomery until January, 2014. Long before then, the Alabama Accountability Act will be in place.More >>
Rescue crews are working through the night after a monstrous tornado barreled through the Oklahoma City suburbs, demolishing an elementary school and reducing homes to piles of splintered wood.More >>
Helmeted rescue workers raced Tuesday to complete the search for survivors and the dead in the Oklahoma City suburb where a mammoth tornado destroyed countless homes, cleared lots down to bare red earth and claimed 24 lives.More >>
Tuesday, May 21 2013 6:22 PM EDT2013-05-21 22:22:57 GMT
BIRMINGHAM – Federal agents and Jefferson County Sheriff's deputies working with the U.S. Attorney's Office today arrested eight men and are searching for a ninth who are charged in a drug-traffickingMore >>
Federal agents and Jefferson County Sheriff's deputies working with the U.S. Attorney's Office today arrested eight men and are searching for a ninth who are charged in a drug-trafficking conspiracy that brought about $5 million worth of heroin and cocaine into the Birmingham area in less than a year, according to an indictment unsealed following the arrests.More >>
Tuesday, May 21 2013 5:32 PM EDT2013-05-21 21:32:09 GMT
Birmingham is taking up a collection, to reach out To Moore, Oklahoma. Mayor William Bell says, "Our thoughts and prayers are with those involved in the tornadoes in Moore, Oklahoma. Our people areMore >>
City of Birmingham taking up collection for Oklahoma storm victims.More >>
Tuesday, May 21 2013 5:16 PM EDT2013-05-21 21:16:53 GMT
BIRMINGHAM HOMICIDE INVESTIGATION: Crime Stoppers needs your help identifying a person of interest in a homicide investigation. The man, whose picture is posted to the right of this story, was seen withMore >>
Crime Stoppers needs your help identifying a person of interest in a homicide investigation, a suspect in an armed robbery, and a person of interest in an armed robbery. More >>