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Minimum Wage Lost 21% Of Its Value Since Congress Last Raised It In 2009

Minimum Wage Lost 21% Of Its Value Since Congress Last Raised It In 2009

By Ben Zipperer, Working Economics Blog, Economic Policy Institute After the longest period in history without an increase, the federal minimum wage today is worth 21% less than 12 years ago — and 34% less than in 1968. Saturday marked 12 years since the last federal minimum wage increase on July 24, 2009, the longest […]

Obama Could Give These Striking Low-Wage Workers The Raise They Need

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Obama Could Give These Striking Low-Wage Workers The Raise They Need

By LAURA CLAWSON, for Daily Kos Labor— The latest round of low-wage workers to stage a one-day strike don’t work for Walmart or McDonald’s. They work for the federal government, kind of—for federal contractors in landmark Washington, DC, buildings like Union Station and the Smithsonian museums. A recent report from the think tank Demos found […]

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