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Poverty

News
Connecticut's Minimum Wage To Take Effect In Days Connecticut's Minimum Wage To Take Effect In Days
Connecticut's Minimum Wage To Take Effect In Days Connecticut's minimum wage is set to increase to $13 soon, as the state progresses toward a $15 minimum wage.  Beginning Sunday, Aug. 1, the minimum wage will increase from $12 per hour to $13 per hour.  The legislation was signed into law by Gov. Ned Lamont in 2019, requiring scheduled increases over a five-year period until the minimum wage will ultimately increase to $15 on June 1 of 2023. “Nobody working a full-time job should live in poverty,” Lamont said. “For too long, while the nation’s economy grew, the income of the lowest-earning workers has stayed flat, making already…

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by Nicole Valinote
Business
WMass Residents Have A Chance To Get Paid - Whether They Work Or Not WMass Residents Have A Chance To Get Paid - Whether They Work Or Not
WMass Residents Have A Chance To Get Paid - Whether They Work Or Not Holyoke residents may have a chance to receive a universal basic income - without working - through a billionaire-backed economic program. Twitter CEO Jack Dorsey has pledged $3 million to a small group of U.S. mayors -the Mayors for a Guaranteed Income - advocating for the start of universal basic income. Dorsey has a net worth of about $7 billion, according to Forbes. A universal basic income is an economic theory that says providing people with no-strings-attached, no-work required, recurring payments will stamp out poverty and settle longstanding issues of income inequality. The regul…

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by Kristin Palpini