No Matter How You Look At It, the Minimum Wage is Much Too Low

If the current minimum wage had kept up with inflation since its peak in 1968, the federal minimum wage would now be $10.75 an hour. And if the minimum wage had grown along with workers' productivity, it would be as high as $17.19 today. Also, today's low-wage workers are older and better educated than in the past.

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Jul 23 2013
Center for Economic and Policy Research