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

in Local, Music, Sports, UVA, UVA Sports

UVA, N.C. State Play Double Header Sunday

Rotunda from NW (RG)

The UVA baseball program will play a double-header Sunday against N.C. State in Raleigh.

in Local, Surrounding Counties

Fire Destroys House Near Stanardsville

Greene County Seal    110913

A fire has gutted a single-story house near Stanardsville.

in Albemarle County, Charlottesville City, Local, Surrounding Counties, UVA

Arrest Count Dwindles At Foxfield

Foxfield Races Horses 042509 (RG)

The latest spring running of the Foxfield races was cooler, wetter, and generated fewer arrests.

in Music

Warhol’s take on Bob Dylan, Lou Reed to be shown in Times Square

bobdylan

Andy Warhol's short films featuring the music legends will be screened on a big billboard in the Big Apple.

in Entertainment, Sports

Bruce Jenner: ‘I am a woman’

brucejenner

The retired Olympic champion confirmed long-running speculation suggesting he is transitioning from male to female.