CBS News: It's been a record 11 years since the last increase in U.S. minimum wage
By Aimee Picchi
CBS News MoneyWatch, July 24, 2020
It's been 11 years since the last federal minimum wage hike, the longest span the baseline wage has gone without an increase since it began in 1938.
Since the last federal minimum wage hike — to $7.25 an hour, starting July 24, 2009 — the cost of living has increased 20%, while the price of essentials such as housing and health care have increased even faster. ...
The push for a higher federal minimum wage may have been shoved to the backburner amid the widespread impact of...