It is time to raise the minimum wage to $15 per hour to ensure that more low-wage workers have enough money to cover basic living expenses. Federally, the minimum-wage is currently $7.25 per hour and has been like that for the past ten years.
Despite the rationale behind terminating extended unemployment benefits, there is little evidence to prove that it will lower unemployment.
In response to the COVID-induced economic recession, the federal government increased unemployment benefits. Under the Unemployment Insurance Extended Benefits program, Federal Pandemic Unemployment Compensation (FPUC) offered a $600-a-week federal bonus to the unemployed on top of existing state-level benefits.
On August 26, 2021, Bowdoin College announced they would raise the minimum wage to $17 an hour for hourly workers ten months earlier than the expected date. According to Senior Vice President for Finance and Administration and Treasurer Matt Orlando, the accelerated raise in minimum wage reflected changing labor conditions in Maine.