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Thursday, December 10, 2020

How Minimum Is The Minimum Wage?


Yesterday nosotros looked at Esri's Predominant Income Range past times Households map, which shows how much coin people are earning inward each census tract inward the United States. Esri has too released a even out map this calendar week which looks at the history of The Ever-Changing Minimum Wage.

The starting fourth dimension federally mandated minimum wage was introduced inward America inward 1938. It meant that all employees had to travel paid at to the lowest degree 25 cents an hour. The federal minimum wage is instantly $7.25 an threescore minutes simply it hasn't been raised since 2009. You tin sentiment the electrical flow minimum wage inward each pose down on Esri's map.

The Esri map includes an animation showing how the minimum wage has fallen or risen inward existent damage inward each pose down over the end 48 years. This map illustrates how inflation has outstripped whatever rises inward the minimum wage. In fact inward 2018 the highest-paid minimum wage worker (who would operate inward the District of Columbia) volition earn less than the highest-paid minimum wage worker (in Alaska) inward 1970.

Esri's Ever-Changing Minimum Wage includes a map showing the Living Wage inward each state. This is the existent wage that a worker demand to earn inward a pose down inward gild to alive there. Regardless of the local minimum wage, all states neglect to guarantee minimum reward that truly stand upward for upward to the toll of living inward the state.

Some cities, counties as well as states stimulate got taken it upon themselves to heighten reward locally. There is instantly a growing separate betwixt states that stimulate got increased minimum reward as well as are at to the lowest degree bringing minimum reward closer to the toll of living, versus those states that are slower to heighten minimum reward (or don’t heighten reward at all).