So today marks the first of three minimum wage increases to get to $7.25 from $5.15. So go ahead, splurge on that BMW X5 non Ramen-based food. CNN.com: 1st increase to minimum wage in 10 years.
Today is probably the day that a bunch of minimum wage workers will
also be fired, but there is no progress without pain, right? Right?
"About 13 million workers, or 10 percent of the nation's work force, will benefit from an increase in the minimum wage, the labor-backed Economic Policy Institute said. Of those 13 million, 5.6 million would be directly affected, while 7.4 million low-wage workers will see the spillover effect on their wages."
"About 13 million workers, or 10 percent of the nation's work force, will benefit from an increase in the minimum wage, the labor-backed Economic Policy Institute said. Of those 13 million, 5.6 million would be directly affected, while 7.4 million low-wage workers will see the spillover effect on their wages."
So what
happens if you work in California, Connecticut, Illinois,
Massachusetts, Oregon, Rhode Island, Vermont and Washington and you
already make more than $7.25? Washington is already at $7.93? They
deserve a raise too. Minimum wage hike kicks in today - USATODAY.com
