Daily Policy Digest
|Labor Unions and the Joint Employer Rule
An expanded interpretation of the "joint employer" rule could cost franchise operators billions of dollars and lost jobs, writes NCPA Senior Fellow Pam Villarreal and Research Associate Laura Wiltshire.
|The Minimum Wage Debate
For several years now, stagnant wage growth and a sputtering economy have encouraged a movement by labor rights groups and others to raise the minimum wage. Politicians on the left and some on the right have called for an increase in the minimum wage to as high as $15 an hour. Supporters claim that a minimum wage that is more than double the current $7.25 an hour will reduce poverty and inequality with little impact on employment, citing empirical studies that show no adverse effect. Opponents, however, are skeptical. They also cite findings showing that an increase in the minimum wage would increase inequality and do little to alleviate poverty, writes NCPA Senior Fellow Pam Villarreal.
|How the New Overtime Pay Rule Will Hurt the Middle Class
It is inevitable that businesses will make changes to their compensation model to offset the costs of the new overtime pay rule, writes NCPA Research Associate Danielle Zaychik.
|Eight Thousand Non-Health Jobs Lost In May
The true scope of last week's miserable jobs report was disguised by the headline figure of 38,000 jobs gained. In fact, health services added 46,000 jobs while civilian non-health, non-farm employment dropped eight thousand. The warping of our economy towards the government-controlled health sector has crossed a tipping point.
|Obama's Very Bad Overtime Rule
New overtime rules will not do much to benefit the middle class, as the Obama administration claims...
|How to Raise Wages
Slow wage growth and GDP growth don't have to be the new normal...
|Workers Increasingly Prefer Pay to "Benefits"
New research indicates workers are tiring of receiving an increasing share of their income as health benefits...
|Regulations Are a Really Big Drag On U.S. Growth
The cumulative buildup of federal regulations over time leads to duplicative, obsolete, conflicting and even contradictory rules which stifle growth...
|Why Is Wage Growth So Slow? Part I
Wages have grown at a mere 2 percent a year since 2012. But this does not necessarily mean that employers are being stingy...
|Why Is Wage Growth So Slow? Part II
While some policymakers may just shrug and insist that slow wage and GDP growth are the “new normal,” others seem to believe that simply waving the magic $15 minimum wage wand will fix everything. Both are wrong...