By Aimee Picchi
CBS News MoneyWatch, October 24,2024
Half of the eight battleground states in this year's U.S. presidential election use the federal minimum wage of $7.25 an hour, a rate that hasn't changed since 2009 despite a 47% surge in the cost of living since then. ...
"It's ridiculous that Pennsylvania has a lower minimum wage than its neighbors as well as states like Arkansas, Florida and Nebraska, where voters had a chance to pass raises through ballot initiatives," Holly Sklar, CEO of Business for a Fair Minimum Wage, a group that advocates for higher pay, told CBS MoneyWatch.
Earning $7.25 an hour "is a poverty wage, and it's bad for business as well as workers," Sklar added. ...