News

Obama signs order boosting minimum wage

Obama signs order boosting minimum wage

MINIMUM WAGE: Obama spoke about raising the minimum wage during his State of the Union address. Photo: Reuters

WASHINGTON (Reuters) – U.S. President Barack Obama signed an executive order on Wednesday to raise the minimum wage for federal contract workers to $10.10 an hour starting next year and encouraged employers nationwide to increase wages for their workers.

Obama announced during his State of the Union address last month that he intended to take executive action to raise wages for federal contract workers.

The order will affect workers starting on January 1, 2015, and applies to new contracts and replacements for expiring contracts.

Obama, who has also pressed Congress to enact legislation to raise the minimum wage for all workers nationwide, urged business leaders and government officials to do more to increase workers’ incomes.

“I would ask any business leader out there, any governor, any mayor, any local leader listening: do what you can to raise your employees’ wages,” he said, rejecting arguments that doing so would hamper the economy.

“It’s not going to depress the economy, it’ll boost the economy,” he said.

(Reporting by Jeff Mason; Editing by Jim Loney)

Latest News

4 hours ago in Local, Local Sports, UVA Sports

Virginia Earns Another Road Win At Pitt 64-50

basketball on a cement floor

Another gritty performance from Virginia on the road at Pitt.

7 hours ago in Music

This week’s top alternative tracks

coldplay

LISTEN: This week's top alternative songs, according to the weekly Billboard chart.

8 hours ago in Entertainment, Sports

You can stream the Super Bowl

superbowl50helmets

This year, CBS will broadcast the game on TV and stream it live on cbssports.com. The network will play the same commercials on TV and on the live stream.

13 hours ago in Election, Local, Surrounding Counties

New GOP Hopeful Enters Race

U.S. Capitol (Clip Art)

Andrew Griffin, who's from the Lynchburg area, has become the fifth Republican to voice interest in the House seat that Robert Hurt will vacate later this year.

14 hours ago in Albemarle County, Charlottesville City, Local, Surrounding Counties, UVA

City Police Investigate Gunfire Reports

City Police Seal

City Police investigate reports of shots being fired in the 700-block of Prospect Avenue.