Higher Minimum Wages Not Hurting Job Growth


According to data released by Paychex and IHS, there is no clear evidence to prove that a raised minimum wage kills jobs. In fact, the opposite trend is occurring.

San Francisco, which has one of the highest minimum wages in the United States at $10.74 an hour, has faster job growth than any other major U.S. city. Washington is another example of this, with the highest state minimum wage, but the quickest job growth acceleration.

Image by Annette Bernhardt via Wikimedia Commons.

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U.S. On Track To Decrease Deficit


The United States Treasury Department released a report stating that the country posted a $107 billion budget surplus in the month of April.

This year, the government has a deficit of $306 billion, but reports state that the government is on track to narrow that deficit.

Budget surpluses are common in April, as households must meet their tax deadlines.

Image by MohitSingh via Wikimedia Commons.

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