Jul 24
Today marks the 8th anniversary since the last federal increase in the minimum wage. Since then and since the publication of my original blog post on this issue, several states passed legislation to increase their minimum pay, joining the 29 states and 41 localities with a higher minimum wage than the national rate of $7.25 …
Oct 13
Hillary Clinton opened the first presidential debate by addressing one of the prominent issues in this election, income inequality. She proposed: “First we have to build an economy that works for everyone…That starts with raising the national minimum wage.” However, when it comes to increasing the current federal minimum wage of $7.25 an hour, there …
Jan 13
The U.S. federal minimum wage was first established during the Depression, and since 1933 has risen from 25 cents to $7.25 per hour. As it stands now, three years will have passed since the last increase in the federal minimum wage, which is currently just over $15,000 a year for a full time worker. Can …
