I heard that it was suppose to go up to 7.00 sometime soon.. is that even close to right?
2007-01-03 19:32:50 · 6 answers · asked by xanders_lilbit 1 in Social Science ➔ Economics
I don't appreciate the "minimum wage career" comment. I'm in college, and I work for a little over minimum wage for extra spending money--since you know, I'm in college. I guess people who have always had cushy jobs wouldn't know what it's like to deal with rude customers in min. wage jobs.
2007-01-07 18:09:22 · update #1
Many states have already raised it.
The new Congress has as one of the first items on their agenda to raise the federal minimum to $7.25.
2007-01-03 19:36:48 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Yes, this will be a federal law by within the next year passed by congress. The wage will be increased to $7.25.
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on a side note,,,,
this is a nominal increase in wage. I suppose the "real" wage will not increase that muchbecause this will cause increase in prices of goods and services and we will have to spend more to buy something. ( who do you think will end up paying for higher production cost? )
2007-01-04 03:39:50 · answer #2 · answered by zoomzoom 2 · 1⤊ 0⤋
No doubt it'll go up soon. You have much to look forward to. Enjoy your minimum wage career.
2007-01-04 11:55:48 · answer #3 · answered by KevinStud99 6 · 0⤊ 0⤋
and as soon as it goes up, economic downturn will soon follow.
That strikingly low minimum wage is the only thing keeping any jobs here at all...
2007-01-04 03:42:21 · answer #4 · answered by abatardi 3 · 0⤊ 0⤋
Yes, It is suppose to go up it was on the news Wed. night.
2007-01-06 13:37:30 · answer #5 · answered by oneglook 3 · 0⤊ 0⤋
yes it is going up soon
2007-01-04 04:33:07 · answer #6 · answered by cthulhu will raise 5 · 0⤊ 0⤋