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ID157424
Title ProperTruth about the minimum wage
Other Title Informationneither job killer nor cure-all
LanguageENG
AuthorManning, Alan
Summary / Abstract (Note)It has been more than eight years since many of the United States’ cashiers, dishwashers, janitors, lifeguards, baggage handlers, baristas, manicurists, retail employees, housekeepers, construction laborers, home health aides, security guards, and other minimum-wage workers last got a raise. The federal minimum wage now stands at just $7.25. In real terms, these workers’ earnings have declined by nearly 13 percent since the last hike, in 2009—and have fallen by over one-third since 1968, when the real federal minimum wage was at its peak of $11.38 in today’s money (although only $1.60 then). Although most Americans think the minimum wage should go up—one 2017 poll found that 75 percent supported raising it to $9.00 per hour—today’s Republican-controlled Congress is unlikely to act.
`In' analytical NoteForeign Affairs Vol. 97, No.1; Jan-Feb 2018: p.126-134
Journal SourceForeign Affairs Vol: 97 No 1
Key WordsUnited States ;  Minimum Wage


 
 
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