California’s minimum wage for fast food workers has been raised to $20 per hour, as of April 1, marking a 23% increase from the previous average minimum wage of $16.20 per hour. Fast-food operators, ranging from large chains to individual franchises and private businesses, have been analyzing their ... READ MORE >
minimum wage
How $15 an hour became the de-facto minimum wage
It is becoming abundantly clear that the minimum wage has gone the way of buggy whip and that a new de facto entry-level wage of $15 per hour is becoming the national standard in the private sector. The shock to the economy unleashed by the pandemic and the response by workers have radically ... READ MORE >
Chart of the Day: A stagnant minimum wage for society’s essential working people
Although some cities and states have imposed higher minimum wages, the federal minimum wage has not kept up with the times. Fifty years ago, people working at the minimum wage were receiving a salary that was 50% of average hourly earnings. Today, the $7.25 per hour minimum wage is 29% of the $25 average ... READ MORE >