Thirty-One States and DC Take Action on Minimum Wage
February 21, 2005
If George W. Bush finishes a second term and avoids adjusting the federal minimum wage, we will have completed an 11-year record stretch without any adjustment. The previous record of nine years was brought to us by Ronald Reagan. The current federal minimum wage of $5.15 per hour is over 40 percent below the 1968 level adjusted for inflation. A fulltime worker taking no vacation or holidays and earning the federal minimum wage earns 55 percent of the federal poverty line for
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