Obama signs order to raise minimum wage for federal contractors

U.S. President Obama pauses during year-end news conference in the White House briefing room in WashingtonU.S. President Barack Obama signed an executive order on Wednesday to raise the minimum wage for federal contract workers to $10.10 an hour starting next year and encouraged employers nationwide to increase wages for their workers. Obama announced during his State of the Union address last month that he intended to take executive action to raise wages for federal contract workers. Obama, who has also pressed Congress to enact legislation to raise the minimum wage for all workers nationwide, urged business leaders and government officials to do more to increase workers’ incomes.

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