U.S. Labor Secretary pushes for higher minimum wage while in town

Columbus Dispatch

Raising the federal minimum wage to $10.10 an hour by late 2016 would lift 900,000 Americans out of poverty.

But increased financial security for the working poor would be accompanied by the loss of 500,000 low-wage jobs as employers trim workforces because of higher wage costs, the Congressional Budget Office says in a new report.

The report by the nonpartisan office was released yesterday afternoon, only hours after Secretary of Labor Thomas Perez and two Ohio members of Congress spoke in Columbus in favor of a higher minimum wage.

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