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Home Publications Reports The Minimum Wage Is Too Damn Low

The Minimum Wage Is Too Damn Low

March 2012, John Schmitt

It is coming up on three years since the last increase in the federal minimum wage – to $7.25 per hour – in July 2009. This issue brief looks at how by all of the most commonly used benchmarks – inflation, average wages, and productivity – the minimum wage is now far below its historical level.

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Combined Federal Campaign #79613