There are a lot of records that would be great to break. This isn’t one of them: June 16 marks the longest period in history without an increase since the federal minimum wage was established in 1938. The federal minimum wage went to $7.25 an hour on July 24, 2009 – nearly 10 years ago. It remains $7.25 today, amounting to just $15,080 a year for full-time work.
When the minimum wage does not go up, it goes down in value relative to the cost of living.
Rod speaks with Lew Prince from Business For A Fair Minimum Wage about the group's effort to traise the minimum wage. Do you think it should be raised.
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