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1. Three New Briefs Confirm It: The Minimum Wage is Way Too Low
(Matching tags: health care, education, minimum wage, age)
In the past three weeks, CEPR has released three short issue briefs on the minimum wage, all demonstrating in various ways that the current level is too low. In the first, CEPR Senior Economist John Schmitt ...
Relative to any of the most common benchmarks – the cost of living, the wages of the average worker, or average productivity levels – the current federal minimum wage of $7.25 per hour is well below its ...