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But real value of that wage, adjusted for inflation, has dropped by 26 percent over that span. The value peaked in 1968 at $10.70, but is now $7.90. Here’s a chart illustrating how the minimum ...
A well-known factoid in American economic debates is that wages used to grow with productivity, but they don't anymore. There's a particularly famous chart, courtesy of the Economic Policy ...
This is the chart that should begin all discussions of the minimum wage, and whether we need to increase it: That red line is corporate profits since 1970. The blue line is labor's share of income ...
The US minimum wage, which started at 25 cents in 1938, has been raised by Congress 22 times. Scroll over CNN’s interactive chart to see the minimum wage by year, through history.
Washington, D.C., is currently considering passing legislation that would raise the city's minimum wage to $12.50, much closer to a living wage, but a cost of business that is already threatening ...
The current minimum wage is $7.25 per hour.The value of the minimum wage has risen in the last IE 11 is not supported. For an optimal experience visit our site on another browser.
Last summer, a paper on the effects of Seattle's minimum-wage increase made national headlines with its conclusion: The change made low-income workers worse off, not better, because it forced ...
But there's another chart everyone should take note of as well. This one comes from Dean Baker and the Center for Economic and Policy Research, and it shows how the minimum wage tracked with ...
A well-known factoid in American economic debates is that wages used to grow with productivity, but they don't anymore. There's a particularly famous chart, courtesy of the Economic Policy ...
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