Even though Walmart and other large retailers have succeeded
in getting the living wage bill shot down, they stand to lose much from their
stance on the issue
In February 2013, President Obama had proposed an increase
in the minimum federal wage to $9 an hour from $7.25 to address the problem of
worsening income inequality in the country. His proposal was echoed in
nationwide demonstrations for higher wages, following which the ‘living wage’
bill was passed by the D.C. Council in July 2013 with the support of eight of
the 13 council members.
The $8.25 minimum wage in D.C. is already a dollar higher
compared to the federal minimum wage, but the D.C. bill required all large
retailers with revenues above $1 billion to pay non-union workers at least
$12.50 an hour. Read more.
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