CNBC: As states and cities raise minimum wage rates, some experts say a higher federal rate is long overdue
By Lorie Konish
CNBC, July 7, 2022
Workers earning minimum wage are getting an income boost in some parts of the U.S., thanks to new higher minimum pay rates that went into effect in July.
Connecticut, Nevada, Oregon and Washington, D.C., all had new higher minimum wages as of July 1. Those increases come as the federal minimum wage stands at $7.25 per hour, unchanged since 2009.
President Joe Biden has advocated for raising the federal minimum wage to $15 per hour for all workers. In January, an executive order he signed that raised the...