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Fed Fifth District economy shrinks slightly
The economy in the Federal Reserve‘s Fifth District (a multistate region including Virginia, North Carolina, South Carolina, West Virginia and Maryland) has contracted slightly since March, according to the latest edition of the Federal Reserve’s Beige Book, released Wednesday. Published eight times per year, the Beige Book is based on anecdotal information about economic conditions g[...]
Governor would delay subminimum wage ban for disabled workers
RICHMOND, Va. ‒ Gov. Glenn Youngkin recently recommended the General Assembly accept an amended version of a bill that ends the practice of paying subminimum wage to certain Virginia workers with disabilities. A certificate exemption under the federal Fair Labor Standards Act allows employers to determine pay for disabled workers based on a productivity calculation […]
Va. bills advance to halt minimum wage increases
RICHMOND, Va. – Two bills introduced by Republicans to halt future minimum wage increases have advanced to the House floor. Minimum wage in Virginia increased to $11 an hour on Jan. 1 and is set to increase to $12 next January. The House Commerce and Energy committee approved House Bill 320, introduced by Del. Nicholas […]
