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Stories Tagged as

Living wage

What, exactly, does "cost of living" mean — and how is it calculated?

by Kristin Schwab
May 28, 2024
There are many different metrics out there that may not be entirely applicable across locales.
Some employers use cost of living calculations to set salaries and benefits or to decide whether to expand into a new area.
skynesher/Getty Images
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Paying a living wage in D.C. isn’t always easy. Workers say it’s also not enough.

by Sasha-Ann Simons
Oct 21, 2019
Government officials in the city hope that new incentives will entice local businesses to pay employees a living wage.
“I pay the living wage, but I want to pay so much more,” said Anika Hobbs, owner of Nubian Hueman, a fashion boutique in Washington, D.C.
Tyrone Turner/WAMU
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Renters facing affordability crisis as wages stagnate

by Adam Allington
Dec 12, 2016
Evictions are on the rise as renters pay increasing share of income for housing.
A view of historic homes on Logan Circle in Washington, D.C.
Wikimedia Commons
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Irvine gets rid of its living wage

by Caitlin Esch
Jul 16, 2015
As cities across the country raise the minimum wage, Irvine repeals 2007 ordinance.
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Marketplace Whiteboard®

The Phillips Curve and jobs numbers, explained

by Paddy Hirsch
Oct 3, 2014
The jobs numbers are making a mockery of some economic models.
Matthew Fang via Compfight cc
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Meet the woman behind Ikea's living wage calculator

by Krissy Clark
Aug 6, 2014
Ikea will use an MIT project to set wages in its stores across the U.S.
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Grocery chain workers fight for millionaire CEO

by Shannon Mullen
Aug 4, 2014
Market Basket employees and customers stage an "unprecedented" protest.
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As fast food workers go on strike, Obama argues for increasing minimum wage

by Krissy Clark
Dec 5, 2013
Fast food workers across America are striking today, asking for $15 an hour. Their employers may not be sympathetic to their cause, but they have a friend in the White House.
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Fast food workers of the world, unite!

by Stacey Vanek Smith
Aug 29, 2013
Fast-food workers are extending their one-day strikes to 35 cities nationwide as they try to gain traction for higher wages
Employees and supporters demonstrate outside of a Wendy's fast-food restaurant to demand higher pay and the right to form a union on July 29, 2013 in New York City.
Spencer Platt/Getty Images
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How raising low wages ripples through the economy

by Marketplace Contributor
Dec 12, 2012
A few bucks an hour more for low-wage workers can raise prices, but also boost economic growth for the country overall.
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