EPISODE · Jul 2, 2021 · 22 MIN
The worker shortage did what Congress couldn't: raise the minimum wage
from The Week in Philly from KYW Newsradio · host Audacy
Several months ago there was a strong push to raise the minimum wage at the federal level to $15 an hour. That effort failed -- but in the meantime, wages at many businesses and companies have been going up, to $15 an hour or even beyond, because of the worker shortage we are seeing all over the country. Dr. Nancy Fox, Associate Professor of Economics at Saint Joseph's University joins KYW Newsradio In Depth for a fascinating conversation about the market forces at work here putting pressure on low wages, why people are taking a hard look at what they choose to do for a living after the pandemic, and what happens next for workers and employers alike.
What this episode covers
Several months ago there was a strong push to raise the minimum wage at the federal level to $15 an hour. That effort failed -- but in the meantime, wages at many businesses and companies have been going up, to $15 an hour or even beyond, because of the worker shortage we are seeing all over the country. Dr. Nancy Fox, Associate Professor of Economics at Saint Joseph's University joins KYW Newsradio In Depth for a fascinating conversation about the market forces at work here putting pressure on low wages, why people are taking a hard look at what they choose to do for a living after the pandemic, and what happens next for workers and employers alike.
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The worker shortage did what Congress couldn't: raise the minimum wage
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