US: Biden Orders Increment of Minimum Wage for Federal Contractors From $10.95 an Hour to $15

US: Biden Orders Increment of Minimum Wage for Federal Contractors From $10.95 an Hour to $15

- Federal workers in the United States of America will have more money in their account

- This follows the increment in the minimum wage they can receive from their employers

- Specifically, President Biden signed an order increasing the wages to $15

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Far away in the United States of America, President Joe Biden has signed an executive order. The order raises the minimum wage paid by federal contractors to their employees.

The wage, which will take effect from 2022, was increased from $10.95 an hour to $15, New York Times reports.

The current minimum wage was signed by President Barack Obama in 2014.

US: Biden Orders $15 Minimum Wage for Federal Contractors
Federal contractors have been ordered to pay a new minimum wage by President Joe Biden. Photo: @JoeBiden
Source: Twitter

In announcing the move to increase the wage, President Biden said he believes workers working full time should not live in poverty.

He said:

“I believe no one should work full-time and still live in poverty.”

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The new wage, though, affects a small share of the labour force, but administrative officials believe it will indirectly raise wages beyond federal contractors by forcing other employers to bid up pay as they compete for workers, Financial Times added.

In another development, Legit.ng had reported that following the latest mass shooting in the United States of America, the minister of state for labour and employment, Festus Keyamo (SAN), stressed the need for Nigerians to understand that insecurity is a global phenomenon.

Recall that eight people were killed when a gunman opened fire at a FedEx Ground facility before proceeding to kill himself.

Keyamo wrote on Twitter

"Yet, another mass shooting in the USA today. The statistics in the US is staggering. However, it’s no excuse for our state of insecurity & it is immoral for us to compare & say ours is even lesser. But we should stop ethnicising & politicising what is clearly a global phenomenon."

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Legit.ng also reported that the hot and cold diplomatic relations between the United States and China have intensified after Washington vowed to support Taiwan while bypassing Beijing.

This was after the US moved to ease restrictions that prohibited its officials from meeting with their Taipei counterparts despite China laying claim to it.

Chinese foreign ministry spokesman Zhao Lijian asked the US to not 'play with fire' and immediately stop any form of communication with Taiwan officials so as not to destabilise peace on the island.

Source: Legit.ng

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