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Re:How the Unchecked Power of Companies Is Destabilizing Gov... by realce on Tuesday October 22, 2024 @11:49PM (#41921625)
The 7.25 rate was set in 1996. Adjusted for inflation, 7.25 is worth 15 today. There are thousands and thousands of jobs paying less than 15/hr.

In NC, where I live, the average wage for an entry-level crew member at McDonalds is $12.16, effectively 20% lower than the original purchasing power of the 1996 minimum wage.

https://www.indeed.com/cmp/McDonald%27s/salaries?location=US...

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