My state, NH, voted today to raise the minimum wage to $6.50 on Sept. 1 and to $7.25 the following Sept. 1. The US has not raised the minimum wage since 1997 and the "real value" of minimum wage is now at it's lowest point since 1957. Since the last minimum wage hike, if the minimum wage had been indexed to the rate of inflation, an estimated 7 million workers now earning the minimum wage would be receiving $9.05 an hour. Thoughts?
2007-04-26
16:42:22
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12 answers
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asked by
john_stolworthy
6
in
Other - Politics & Government