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The Minimum Wage: Two Generations Of Neglect Add Up, Bureau Of Labor Education. University Of Maine
The Minimum Wage: Two Generations Of Neglect Add Up, Bureau Of Labor Education. University Of Maine
Bureau of Labor Education
Although a three-step raise in the Federal minimum wage that ended in July, 2009 is projected to generate a total of $10.4 billion in increased consumer spending,2 a survey of the wage situation in the U.S. today suggests that recent raises to the minimum wage are inadequate. Both Maine and the nation have been plagued by serious wage stagnation for many years. The overextended credit that helped fuel the recent economic crisis was exacerbated by what has been called a “collapse of hourly wage growth” by the Economic Policy Institute. In the longer term, the inflation-adjusted value of the minimum …
What Counts, And Who's Counting? Maine's Business Climate 2006, Bureau Of Labor Education. University Of Maine
What Counts, And Who's Counting? Maine's Business Climate 2006, Bureau Of Labor Education. University Of Maine
Bureau of Labor Education
Many news articles and opinion pieces continue to argue that Maine has a highly unfavorable business climate, which must be changed if Maine’s economic well-being is to improve. Such analyses raise many important questions about what policies are most likely to benefit Maine’s economy, both as a whole, and among the various areas, communities, and population segments within Maine. Increasingly, the health of Maine’s economy, and the level of the state’s well-being more broadly, seem to be equated with the issue of whether Maine has a “friendly” business climate. In turn, the question of a favorable or unfavorable business climate …
Fair Weather Or Foul? Maine's Business Climate Revisted, Bureau Of Labor Education. University Of Maine
Fair Weather Or Foul? Maine's Business Climate Revisted, Bureau Of Labor Education. University Of Maine
Bureau of Labor Education
There is no shortage of analyses of the problems of Maine’s economy, or of proposed solutions. Once again, a number of recent reports have argued that Maine has a highly unfavorable business climate, characterized by excessive taxes and excessive regulation. These reports go on to argue that Maine must improve its business climate through such suggested changes as an overhaul of the tax system, elimination of property taxes on business equipment purchases, reducing the state’s regulatory burden, and reducing Maine’s supposedly high “tax burden.” Although the support for these proposals is framed as being “irrefutable,” in reality many of the …
Maine's Development Dilemma, 2001 Update, Bureau Of Labor Education. University Of Maine
Maine's Development Dilemma, 2001 Update, Bureau Of Labor Education. University Of Maine
Bureau of Labor Education
In the face of economic challenges that continue to face Maine and other states in a time of globalization and rapid technological change, economic development is widely seen as essential to the well-being of Maine's economy and to an increased quality of life for its citizens. However, the nature of Maine's economy, natural resource base, and geography creates a difficult dilemma for our state. This is the paradox we face: while some form of economic development is clearly imperative, the long-term misallocation of scarce economic resources in pursuit of this goal, though well-intended, may cause further harm to the economy …
The Minimum Wage: Issues To Consider, 1999 Update, Bureau Of Labor Education. University Of Maine
The Minimum Wage: Issues To Consider, 1999 Update, Bureau Of Labor Education. University Of Maine
Bureau of Labor Education
The current minimum wage of $5.15 is clearly inadequate to support any family — only a oneperson household can stay above the federal poverty guidelines on a full-time minimum wage job. The minimum wage will continue to decline in its real value, putting individuals, families and especially children at growing risk of poverty. This economic hardship is heightened by the fact that many of the new jobs being created in the U.S. economy are low-wage service jobs, often without benefits. With a growing consensus that a minimum wage increase is not likely to harm employment, there is overwhelming evidence that …