Inflation has reached its lowest point in 2 1/2 years. The unemployment rate has stayed below 4% for the longest stretch since the 1960s.
  • MasterBlaster@lemmy.world
    2·
    1 year ago

    And $7.50 is a pointless figure to use as representative of minimum wage. When established, the minimum wage was equivalent to $26 today, and most states had higher minimums even before they went up to $15.