Tuesday, July 24, 2007

50 Cents

It is a big day for 50 Cents. No, not that guy. The new 50-cent per hour minimum wage hike for all industries in American Samoa goes into effect today. Am Sam thought they dogged that bullet, but Congress attached the wage hike to the Iraq funding bill - and it passed - so in a few years Am Sam will have the same minimum wage as that of the mainland. Right now, with the 50-cent jump, the highest rate will be $4.59, while the garment industry will have the lowest minimum wage at $3.18 per hour. Cannery works will make about $3.76 per hour. No sure how that is going to work out for the territory - the standard of living is a "little" bit different then the mainland. The major employer - the canneries -have kept relatively quiet, but strong rumors persist that they are looking to leave. If they do leave, at least the stink will not be as bad, but not sure what the economy will be looking like - guess not everyone is a fan of 50-cents.

1 comment:

Anonymous said...

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