Tag Archives: State of the Union

President Obama raises the minimum wage for federal contractors: thoughts and impacts for #AAPI

January 28, 2014

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I usually don’t tolerate spoilers, but today I’ll make an exception.

About an hour ago, mainstream news outlets broke the story about 12 hours in advance of the State of the Union that President Obama would be announcing an executive order to raise the minimum wage for federal contractors from the federal minimum of $7.25 to $10.10.

For those who don’t want to whip out their calculators, that’s an incredible, whopping,   40% increase, and is a reasonable approximation for a living wage in most parts of this country.

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