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What a $15 Minimum Wage Could Do to Our Economy: Pros and Cons

March 9, 2021 admin Comments Off on What a $15 Minimum Wage Could Do to Our Economy: Pros and Cons

The $15 minimum wage debate continues to reverberate across the country. Washington D.C. and New York City have already enacted a minimum wage of $15 per hour. And California is set to raise minimum wage to $15 per hour in January 2022. However, on the federal level, minimum wage has remained at $7.25 per hour since the 2009.
Increasing the minimum wage was regular topic for Joe Biden on the campaign trail. And it’s likely to remain a focus for progressive Democrats for the foreseeable future… Or at least until legislation is passed.

Most recently, minimum-wage workers failed to get a raise …read more […]