What Should Minimum Wage Be Today

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Why economists thinks the minimum wage should be …

    https://www.today.com/money/experts-minimum-wage-increase-t208730
    Following President Joe Biden’s push to gradually raise the federal minimum wage to $15 an hour (from $7.25 an hour, the rate since 2009) by 2025, the age-old debate over how much money service...

Minimum wage and inflation: These two charts show how much

    https://www.cnn.com/2021/02/21/politics/minimum-wage-inflation-productivity/index.html
    The answer: $21.45 an hour. Dean Baker, the center’s senior economist who crunched the numbers, said he is not suggesting that the minimum wage should be …

Forget $15 an Hour — the Minimum Wage Should Be $24

    https://theintercept.com/2021/03/05/minimum-wage-raise-15/
    The Fair Labor Standards Act set the minimum wage at 25 cents per hour. Adjusted for inflation, that’s about $4.60 today. Tellingly, this was a compromise with Southern senators: The original...

Most Americans support a $15 federal minimum wage

    https://www.pewresearch.org/fact-tank/2021/04/22/most-americans-support-a-15-federal-minimum-wage/
    Only one-in-ten Americans in all say that federal minimum wage should remain at the current level of $7.25 an hour. Support for raising the minimum wage to $15 an hour is extensive across most …

What Should the Minimum Wage Be? | AIER

    https://www.aier.org/article/what-should-the-minimum-wage-be/
    That year the minimum wage was raised to $1.60, which is equivalent to about $10.80 in 2015. Thus, if the objective is to match the …

Minimum wage would be $26 an hour if it had grown in …

    https://www.cbsnews.com/news/minimum-wage-26-dollars-economy-productivity/
    Minimum wage would be $26 an hour if it had grown in line with productivity By Aimee Picchi Updated on: September 7, 2021 / 4:22 PM / MoneyWatch The federal …

Should the Federal Minimum Wage Be Increased?

    https://minimum-wage.procon.org/
    3. 30 states and DC have set minimum wages above the federal minimum of $7.25 an hour. As of Jan. 12, 2023, the highest is DC, at $16.50 an hour, followed by …

Is America's minimum wage a 'fair wage'? It could be

    https://www.msnbc.com/opinion/america-s-minimum-wage-fair-wage-it-could-be-n1259690
    While $15 is the offer on the table, the federal minimum wage — a floor for what normal hourly workers must earn with few exceptions — currently stands at $7.25 an hour. Assuming 40 hours of...

What You Should Know About The Minimum Wage …

    https://www.forbes.com/advisor/personal-finance/minimum-wage-debate/
    The federal minimum wage has increased 22 times since its inception, inching its way up from cents on the dollar to today’s $7.25 rate. Through the 1940s-1960s, the wage increases kept pace...

What Are the Pros and Cons of Raising the Minimum …

    https://www.investopedia.com/articles/markets-economy/090516/what-are-pros-and-cons-raising-minimum-wage.asp
    Though the current federal minimum wage in the U.S. is $7.25 per hour, 30 states and D.C. have approved higher minimum wages. 5 Another projected problem …

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