Biden to raise minimum wage for federal contractors to US$15 an hour

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Biden raises minimum wage for federal contractors to US$15 an hour

Biden has expressed his belief that strong unions and higher wages can resurrect America's middle class while helping bridge economic and racial inequities, and the executive order is his latest step in support of the organised labour movement.On Monday, he signed another order to create a White House task force that will promote unions and labour organising, which will be headed by Vice President Kamala Harris.

The move to hike base wages for federal contractors was an ask Biden made of his administration in the first few days after taking office and he has vowed to keep pushing for it. The administration official said the order's impact was reviewed by Biden's Council of Economic Advisors which found the decision would help employers reduce turnover and lower recruitment and training costs.

 

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