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cover of episode Ringing in 15 years of the $7.25 federal minimum wage

Ringing in 15 years of the $7.25 federal minimum wage

2024/7/24
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Marketplace
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J
Jennifer Peck
K
Kaylee Wells
K
Kyle Risdell
M
Mitchell Hartman
M
Mr. Zhou
S
Sam Sun
Y
Yu Zhihang
Topics
Mitchell Hartman: 本报告探讨了美国经济增长放缓的现状，以及美联储为控制通货膨胀而采取的加息策略可能带来的影响。数据显示，美国经济增长在2023年有所放缓，第一季度GDP增长仅为1.4%，而第二季度预计增长1.9%。专家们对经济增长放缓的程度和持续时间存在分歧，但普遍认为，美联储的加息策略旨在实现经济的软着陆，避免经济陷入衰退。 Quincy Crosby: 对美国第二季度GDP增长的预期为1.9%，高于第一季度，但低于2023年的水平。这一增长数据将成为美联储判断其货币政策是否有效的关键指标。 Sam Stovall: 认为1.9%左右的GDP增长对美联储来说是可以接受的，表明经济正在以可控的方式放缓，不会陷入衰退。 Paul Christopher: 指出美国经济正在从去年的快速增长转向全面放缓，这令美联储担忧，因为它可能引发通货膨胀。他认为，经济需要经历通胀放缓、避免衰退、美联储降息、经济再次起飞的顺序，才能实现软着陆。

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Apartment vacancy rates have risen to 6.7%, the highest since the pandemic, affecting local markets like Augusta, Georgia. The increase is due to factors like the completion of a nearby nuclear power plant and a surge in new apartment construction, leading to supply exceeding demand and potential financial challenges for builders.

Shownotes Transcript

The last time Congress raised the federal minimum wage, it went up 70 cents — from $6.55 to $7.25 an hour. That was in 2009. Today, we’ll get into why there hasn’t been a successful push to boost it since then and who suffers as a result. Plus, officials in China promise major tax reform, apartment vacancies in Sun Belt cities rise and the Federal Reserve keeps an eye on GDP estimates.