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Jeff Bezos announced that Amazon will be raising the minimum wage to $15 an hour for their employees. Cenk Uygur and Ana Kasparian, hosts of The Young Turks, break it down.

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"Amazon has announced plans to raise the company's minimum wage in the US to $15, following sustained pressure from Democratic Sen. Bernie Sanders.

In a statement released Tuesday, Amazon said the salary increase, to more than double the federal minimum wage of $7.25, would take effect on November 1.

Amazon said the change would affect more than 250,000 full- and part-time employees plus more than 100,000 seasonal staff members who work for Amazon over the holiday season.

"We listened to our critics, thought hard about what we wanted to do, and decided we want to lead," CEO Jeff Bezos said. "We're excited about this change and encourage our competitors and other large employers to join us."


Hosts: Cenk Uygur, Ana Kasparian

Cast: Cenk Uygur, Ana Kasparian

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Young Turk (n), 1. Young progressive or insurgent member of an institution, movement, or political party. 2. A young person who rebels against authority or societal expectations.(American Heritage Dictionary)

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