Minimum wage increase will not be included in Covid relief bill

CNBC Television published this video item, entitled “Minimum wage increase will not be included in Covid relief bill” – below is their description.

CNBC reports the $15 per hour minimum wage will not be included in the Covid relief bill, according to a Senate official. The Congressional Budget Office estimated raising the minimum wage to $15 per hour would lift 900,000 people out of poverty but could cost 1.4 million jobs.

CNBC Television YouTube Channel

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CNBC is an American pay television business news channel, which primarily carries business day coverage of U.S. and international financial markets. Following the end of the business day and on non-trading days, CNBC primarily carries financial and business-themed documentaries and reality shows.

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In This Story: Minimum wage

Minimum wage is the concept, in some jurisdictions enshrined in law, that employees should earn a minimum amount per hour worked.

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