@jeffw@lemmy.world to politics @lemmy.world • 1 year agoIt has now been 15 years since the federal minimum wage rose to $7.25www.npr.orgmessage-square156arrow-up1746
arrow-up1746external-linkIt has now been 15 years since the federal minimum wage rose to $7.25www.npr.org@jeffw@lemmy.world to politics @lemmy.world • 1 year agomessage-square156
minus-square👍Maximum Derek👍linkfedilinkEnglish49•edit-21 year agoFor reference, the cost of living doubles every 25 to 30 years. $7.25 in 2024 is worth less than $5 in 2009 money. Less than the $5.15 that was the previous minimum wage.
For reference, the cost of living doubles every 25 to 30 years. $7.25 in 2024 is worth less than $5 in 2009 money. Less than the $5.15 that was the previous minimum wage.