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Transcripts for MSNBC Velshi 20240604 14:19:00

Let s do the math. if an employee makes $7.24, $7.25 an hour for 40 hours a week, and they work 52 weeks a year, that employees annual salary comes up to $15,080 before taxes. that doesn t seem like a livable wage to you, it s because it isn t. it s even more unlivable if you reside in a major city like new york. now, most states, particularly blue states, have set their own minimum wage much higher, including new york. no one has to live on 7:25 an hour. in 2016, the state of new york enacted a series of wage increases to hike the statewide minimum wage to $15 an hour. even that is pushing it to the limit. if someone is working in new york city making $15 an hour, working 40 hours a week, for 52 weeks a year, their grand total is $31,200 before taxes. you don t pay a lot of tax if you actually earn that little money, but still, it s not very ....

7 25 , 77 24 , Doesn T , New York City , Minimum Wage , Isn T , Blue States , No One , Grand Total ,

Transcripts for BBCNEWS Breakfast 20240604 05:32:00

For primary producers, that they are achieving a fair return for what they re producing, because if they re not, they re going to cut back what they re producing, which is what we saw with eggs last year, what we re seeing with tomatoes and cucumbers this year, lowest levels of production since records began in 1985. so government has a role to act. new research from the consumer group which shows that the price of some supermarket products has doubled over the past year. for example, it found that a 300 gram packet of cottage cheese from lidl went up from an average of 67p in 2022 to £1.34 this year. that s twice the price. a four pack of brown onions, and morrisons has gone up by more than 90%, from 65p to £1.24. and at asda, which found that a packet of frankfurters has risen from £1.25 in 2022 to £2.42, an increase of 94%. three main factors energy, labour, and commodity prices. and all of those three have combined ....

Scottish Government , Supermarket Products , Gram Packet , Consumer Group , Cottage Cheese , 67 34 , 11 24 , 41 34 , Commodity Prices , 52 42 , 1 25 ,

Transcripts for BBCNEWS BBC News at One 20240604 12:13:00

That consumers are talking about. food prices, reality or rip off? they have been going up. new research suggests a tub of cottage cheese from lidl has gone for an average of 67p to 1.3 for this year, thatis average of 67p to 1.3 for this year, that is twice the price. a four pack of brown onions from morrisons has gone up from 65p to £1.24 and at asda, which found a package of frankfurters has risen from £1.25 to £2.42, an increase of 90%.- £2.42, an increase of 90%. three main factors. £2.42, an increase of 90%. three main factors, energy, labour- £2.42, an increase of 90%. three main factors, energy, labour and | mainfactors, energy, labourand commodity prices and all of those three have combined over the last year to 18 months to put huge pressure on food prices and it s been a massive challenge for our british farmers here and also retailers. a , british farmers here and also retailers. ., , ., retailers. many commodity costs have been fallin: retailers. many commodity cos ....

Food Prices , Rip Off , Cottage Cheese , 1 3 , Thatis Average , 1 25 , 11 24 , Commodity Prices , 52 42 , Commodity Costs ,

Transcripts for BBCNEWS Breakfast 20240604 07:36:00

With eggs last year, what we re seeing with tomatoes and cucumbers this year, lowest levels of production since records began in 1985. so government has a role to act. new research from the consumer group which shows that the price of some supermarket products has doubled over the past year. for example, it found that a 300 gram packet of cottage cheese from lidl went up from an average of 67p in 2022 to £1.34 this year. that s twice the price. a four pack of brown onions in morrisons has gone up by more than 90%, from 65p to £1.24. and at asda, which found that a packet of frankfurters has risen from £1.25 in 2022 to £2.42, an increase of 94%. three main factors energy, labour, and commodity prices. and all of those three have combined over the last year to 18 months to really put huge ....

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