Longest Period Without Fed Minimum Wage Increase Since Law Enacted in 1938

Longest Period Without Fed Minimum Wage Increase Since Law Enacted in 1938
Longest Period Without Fed Minimum Wage Increase Since Law Enacted in 1938

The federal minimum wage has not been raised in nearly 10 years and June 16 marks the longest period it has been fixed without a raise. As a result, its value has significantly diminished. IPS’s Josh Hoxas says if it were raised to $15/hr, almost 40 million workers would benefit

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