jeffw@lemmy.world to politics @lemmy.world · 1 month agoIt has now been 15 years since the federal minimum wage rose to $7.25www.npr.orgexternal-linkmessage-square157fedilinkarrow-up1746arrow-down18
arrow-up1738arrow-down1external-linkIt has now been 15 years since the federal minimum wage rose to $7.25www.npr.orgjeffw@lemmy.world to politics @lemmy.world · 1 month agomessage-square157fedilink
minus-square👍Maximum Derek👍linkfedilinkEnglisharrow-up49arrow-down2·edit-21 month agoFor reference, the cost of living doubles every 25 to 30 years. $7.25 in 2024 is worth less than $5 in 2009 money. Less than the $5.15 that was the previous minimum wage.
For reference, the cost of living doubles every 25 to 30 years. $7.25 in 2024 is worth less than $5 in 2009 money. Less than the $5.15 that was the previous minimum wage.