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 Entertainment, Lifestyle

Kirsten Dunst criticizes Apple over naked photo leak

Fresh
Kirsten Dunst arrives at the 'Charles James: Beyond Fashion' Costume Institute Gala at the Metropolitan Museum of Art.

Kirsten Dunst was among a number of celebrities targeted by a hacker who published reams of explicit personal pictures on the Internet.

in National, World

U.S. forces carry out operation against al Shabaab

Fresh
shabaab

U.S. military forces carried out an operation on Monday against al Shabaab militants in Somalia.

in Sports

Tuesday’s Sports Minute

Fresh
serena

Here is a look at the sports news you'll be talking about today, Tuesday, Sept. 2.

in Sports

Sam fails to secure spot on Rams practice squad

Fresh
michaelsam

Defensive end Michael Sam's bid to become the first openly gay player in the NFL looks even more remote.

in Entertainment, Sports

Carrie Underwood expecting her first child

Fresh
underwood

Singer Carrie Underwood and her pro hockey player husband Mike Fisher are expecting their first child.