Target Corp. said Monday it is raising the minimum hourly wage for its workers to $11 starting next month and then increasing it to $15 by the end of 2020. Thousands of workers have staged protests to call attention to their financial struggles and to fight for hourly pay of $15. Last November's election of a Republican-controlled Congress dampened hopes of an increase in the $7.25-per-hour federal minimum wage. Hourly pay at restaurants and hotels is up 3.5% from a year earlier, a much better raise than the 2.5% gain for all employees. Target said its minimum hourly wage of $11 is higher than the minimum wage in 48 states and matches the minimum wage in Massachusetts and Washington.

Source: Los Angeles Times September 25, 2017 12:47 UTC