Understanding labor market concentration is crucial for companies evaluating the potential impact of minimum wage policies. Businesses in highly concentrated markets may find that raising wages ...

which implies upward-sloping labor supply curves that firms face, allowing firms to have labor market power (i.e., wage markdown). Assuming firm heterogeneity under oligopsony, markdowns can be ...

minimum wage regulations, and employment protection legislation. In this paper, we provide details regarding the data, methodology and sources. Descriptive statistics indicate that there exists ...

Hotel industry leaders say a law boosting the pay of tourism workers, billed as the highest minimum wage in the nation, will ...

Addressing the wage-inflation gap requires a multifaceted approach. One potential solution is the strengthening of labor ...

aimed at keeping minimum wage on par with labor market trends. Although some states and dozens of cities have raised their minimum wages above the federal rate, 20 states still use the $7.25 baseline.

A new study shows that raising the minimum wage to $15 in Oklahoma would benefit thousands. The study was done by the ...

(The Center Square) - Laborers and Democrats from across the state rallied in Harrisburg Monday to support bills that would raise the state hourly minimum wage to $15. Currently, the state’s ...