A wage subsidy could put additional money from taxpayers into each low-wage paycheck, while encouraging employers to create jobs not eliminate them.
Whether a minimum wage hike will destroy jobs as opponents claim, or help to combat poverty as supporters argue, is a question of perspective.
Employers have some decisions to make to comply with the new DoL regulation that raises the salary threshold for overtime pay.
Latest "Beige Book" survey may fuel confidence in the economy as the central bank considers interest-rate policy later this month.
The U.S. employment cost index rose just 0.2% in the second quarter, the smallest increase in 33 years.
First-quarter data show that U.S. wages and salaries are beginning to rise after years of stagnation.
