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The federal minimum wage has been stuck at $7.25 since 2009, not even close to the buying power it once brought workers — ...

But sustained higher wage growth and weaker productivity gains could shift that narrative, particularly for services inflation—which is largely driven by labor costs. The average workweek for ...

Federal Reserve officials have been saying for a few months that the labor market is not adding to inflation pressures. This continued after the big gain in wages seen in the February jobs data. The 0 ...

The proposal passed by the state Senate would maintain Michigan’s tipped wage system and raises to the hourly minimum wage. The tipped wage, which currently sits at 38% of the minimum wage, would ...