The content discusses the fact that the federal minimum wage in the United States has not been increased since 2009, leaving it stagnant at $7.25 per hour for the past 15 years. This means that the minimum wage has failed to keep pace with inflation and the rising cost of living, effectively reducing the purchasing power of low-wage workers. The author highlights the significance of this issue, noting that the current federal minimum wage is now nearly a quarter of the way through the 21st century without any adjustments. The stagnation of the minimum wage over such a prolonged period has had a detrimental impact on the financial well-being of those earning the minimum wage, who struggle to make ends meet as the cost of living continues to rise.
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by Matthew Mani... pada medium.com 05-15-2024
https://medium.com/thing-a-day/happy-15th-birthday-to-the-current-federal-minimum-wage-6498416851daPertanyaan yang Lebih Dalam