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Biden To raise minimum wage for 700K federal contract workers from $10.95 to $15 in new executive order

President Joe Biden will sign and executive order on Tuesday that will raise the minimum wage for federal contract workers to $15 per hour

By KATELYN CARALLE

U.S. POLITICAL REPORTER FOR DAILYMAIL.COM and REUTERS

Joe Biden will sign an executive order Tuesday raising the minimum wage for federal contractors to $15 per hour – furthering the administration’s push to increase the national minimum wage for the first time in more than a decade.

The current minimum wage for government contract workers is $10.95, making the new amount a nearly 37% raise. The order will require the minimum wage be raised by March of next year and includes future increases based on inflation.

Click the link below to read the rest of this story.

https://www.dailymail.co.uk/news/article-9516175/Biden-raises-minimum-wage-federal-contractors-15-hr.html

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