The new regulation will allow millions more U.S. workers to qualify for overtime pay. Our experts assess the impact.
Boris Johnson says so. But the reality about EU minimum wages and the effect on migration is more subtle.
Falling homeownership rates, stagnant wages and diminishing retirement savings mean that for more and more Americans, the middle-class dream is slowly dying – if it's not already gone.
While it's true that many big businesses are reliant on cheap labour, the new national living wage is unlikely to hurt their profits too badly.
There are few markets that have easier entry and exit than those in the sharing economy.
The latest economic research suggests there are better ways to narrow the gap between the richest and the poorest.
Three of our regular writers offer their thoughts on the key economic issues and themes in the new year.
International experiences indicate that South Africa could reduce income inequality by introducing a national minimun wage.
The chorus chanting 'America needs a raise!' will undoubtedly grow as Labor Day approaches. They're not wrong, but America needs more than that.
Echoes of WorkChoices? The Coalition is keen to avoid any whiff of the failed policy, but some of the Productivity Commission's recommendations have a strong flavour of it.
Sunday penalty rates will go under Productivity Commission recommendations, but overall our workplace system was basically operating well, it found.
The Productivity Commission has recommended paring back Sunday penalty rates, more consideration to economic circumstances in setting minimum wages, and a new form of statutory employment contract.
Chancellor's promise of £9 an hour is nothing more than false advertising.
Despite the announcement of a living wage, less well off families are actually set to be worse off.
This was a bombshell of a budget, signalling direct interventions in the labour market that went far beyond what most observers were expecting.
Despite consistent but slight rises in the minimum wage, successive governments have dropped the ball on providing adequate support to low income working families.
Los Angeles' planned 66% increase over five years pales in comparison with many past minimum wage hikes in California and at the federal level.
The fast-food chain's surprise decision to lift its workers' wages stems from a mix of morality, economics and politics.
Those currently depending on the minimum wage and penalty rates would be hit by any reduction - but overall, there may be a net social gain.
The Productivity Commission appears to want to steer public debate on the minimum wage in a particular direction.