How inflation cuts into the value of the federal minimum wage

Jul 18, 2022
The federal minimum wage has been changed since 2009, when Congress raised it from $6.55 to $7.25 an hour.
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The difference a higher minimum wage makes

Jan 20, 2022
A record number of states and cities are raising their minimum wage this year, according to a tally from the National Employment Law Project.
An activist marches in a demonstration Washington, D.C. A higher minimum wage, experts say, give people in lower-waged positions more bargaining power.
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Many states and cities to raise minimum wage in the New Year

Dec 24, 2021
Will employers notice? Many are already raising wages for their workers because of the labor crunch.
Even without jurisdictions raising the minimum wage, some employers are upping pay anyway to remain competitive in a tight labor market. Above, activists rally for a $15 an hour minimum wage.
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Nobel Prize Economist David Card on testing Econ 101 theories in the real world

Oct 12, 2021
UC Berkeley Economist David Card reflects on his now Nobel Prize winning research.
David Card won the 2021 Nobel Memorial Prize in Economic Sciences for his work in developing research tools that help economists to use real-life situations to test big theories.
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Rent for a two-bedroom on a minimum-wage income is out of reach in every state

Jul 19, 2021
A study finds that the disparity is the worst in California cities.
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What if the U.S. had a national maximum wage?

May 20, 2021
The average CEO makes hundreds of times more money than the average worker. A maximum wage policy would narrow that gap.
Amazon founder Jeff Bezos is worth an estimated $192 billion, according to Forbes.
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If Congress won’t raise wages for all workers, what are some other methods?

Apr 30, 2021
This is the longest the U.S. has gone without seeing an increasing to the federal minimum wage. President Joe Biden is increasing it for child care workers in his American Families Plan, and for federal contractors through executive order.
Service industry worker Pam Araiza speaks in support of the Raise the Wage Act, which includes a $15 minimum wage for tipped workers, back in January.
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What a $15-per-hour federal minimum wage could do

Feb 22, 2021
Raising the minimum from $7.25 to $15 per hour is part of the American Rescue Act, now making its way through Congress.
The bump up to a $15 hourly minimum wage would make a big difference for people of color in particular.
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How the end of slavery led to two different minimum wages

Feb 9, 2021
After the Civil War, companies didn’t want to reach into their own pockets to pay recently freed enslaved people.
The national tipped minimum wage is just $2.13 an hour. Companies have to kick in more if workers don't make at least $7.25 an hour when you add in their tips.
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$15 minimum wage would reduce poverty but cut jobs, CBO says

The CBO report says a $15 minimum wage would pull 900,000 people out of poverty but cost almost 1.5 million jobs.
Service industry workers listen to remarks and hold up signs during a rally at the National Mall on Jan. 26, 2021 in support of the introduction of the Raise the Wage Act, which includes a $15 minimum wage for tipped workers and is also included in President Biden's American Rescue Plan.
Jemal Countess/Getty Images for One Fair Wage