The Legislature has passed LB258, amending the state’s minimum wage law. This new legislation revises the previously approved increase, setting a lower minimum wage of $13.50 per hour for 14- and 15-year-olds. Additionally, 16- to 19-year-olds can be paid this reduced rate for an initial 90-day training period, a move intended to encourage youth employment.
Greece’s unemployment rate hit a 22-year low of 7.5% in December, according to the National Statistical Authority (ELSTAT), marking the second-best performance since 2004. This improvement stems from a significant surge in employment, with approximately 650,000 new jobs created since the end of 2020. The number of unemployed individuals has decreased by over 55% in the last six years, and both women’s and youth unemployment rates have also declined considerably. Despite wage increases, the figures indicate a substantial decrease in the number of job seekers.
In 2026, 19 states are implementing minimum wage increases, with hikes ranging from 28 cents to $2, benefiting over 8.3 million workers. While these increases bring the average state minimum wage to $14.57, the federal minimum wage remains stagnant at $7.25, with tipped workers still earning a subminimum of $2.13. Advocates, including Senator Bernie Sanders, criticize the federal rate, emphasizing that it does not provide a living wage and is a national disgrace. Despite the efforts of multiple states and municipalities to raise wages, the gap between earnings and the cost of living remains significant, and calls for a living wage persist.
Santa Fe, known for its unique culture, is implementing a pioneering ordinance to combat a housing affordability crisis by directly linking wages to both consumer prices and fair market rent. This groundbreaking approach, which will raise the minimum wage to $17.50 by 2027, aims to help approximately 9,000 workers, or about 20% of the city’s workforce, afford to live in Santa Fe. City officials are also pursuing additional strategies like increased housing permits and a mansion tax to ensure the city’s diverse population can continue to thrive. Ultimately, this effort represents a critical step in preserving Santa Fe’s identity as “The City Different”.
More concerning than lavish parties amidst economic hardship is the reliance of 42 million Americans on SNAP benefits. This reliance stems from the federal minimum wage, stagnant at $7.25 for 16 years, failing to keep pace with rising costs and the economic realities faced by full-time workers. While proposals like the “Raise the Wage Act of 2025” aim to increase the minimum wage, its failure to increase in 16 years sends a powerful message that the government does not prioritize workers, thereby increasing the dependence on federal assistance programs.
The German government has greenlit a historic minimum wage increase, the largest in the nation’s history. This rise will unfold in two phases, commencing on January 1, 2026, when the minimum wage will climb from €12.82 to €13.90 per hour. Further increasing on January 1, 2027, the wage will reach €14.60 per hour, impacting the approximately six million workers currently earning minimum wage.
John Q. Hosedrinker