Michigan’s minimum wage to go up in January 2018
On January 1, 2018, the minimum wage goes up to $9.25. Any future increases will be tied to the Michigan Treasurer, the unemployment rate and the Consumer Price Index.
Poverty alleviation
Myanmar to raise minimum wage
The authorities are exerting efforts to increase the minimum pay rate as workers are struggling with the rising cost of living in their daily lives.
Israel’s Knesset votes to raise monthly minimum wage
“Raising the minimum wage to NIS 5,300 is a direct continuation of our work in favor of narrowing gaps and strengthening the working population,”says Finance Minister.
Russian government approves bill on minimum wage hike
The Russian government approved the draft law on increasing the minimum wage from January 1, 2018, setting it in the amount of 9,489 rubles ($164.2)
U.S. household incomes rose to record in 2016 as poverty fell
The U.S. median household income rose to a record last year and the poverty rate fell, as steady economic growth helped improve the lot of more Americans.
Migrants send home 51% more money than a decade ago, lifting millions out of poverty
While the report shows that there have been increases in sending patterns to almost all regions of the world, the sharp rise over the past decade is in large part due to Asia which has witnessed an 87 per cent increase in remittances.
Finland’s universal basic income trial for unemployed reduces stress levels
Citizens receiving a basic monthly income as part of a radical Finnish pilot scheme have seen a reduction in their stress levels, an official leading the trial has said.
The Economic Security Project is committing $10 million to study universal basic income in the U.S.
Partially tested in various places in the 1960s and 1970sincluding areas of the US, Canada, and IndiaUBI gives everyone a guaranteed minimum payment as a way to, in theory, reduce poverty and improve health, eduction, and other benefits.
Ontario to give every citizen $1,320 income boost to overcome poverty
One in five children live in poverty in Canada, according to Unicef, and a recent poll found two-thirds of Canadians open to the idea of basic income
Guatemala becomes fourth country in the world to eliminate onchocerciasis, known as ‘river blindness’
Of the six countries in the Americas where transmission of the debilitating disease was present in the 1990s, Guatemala accounted for about 41% of the 568,000 people at risk.