Inflation has meant that something that cost $15 in 2012 — when labor activists adopted the 'Fight for $15' slogan in a push for wage hikes — would probably cost almost $20 today.
ALBANY, N.Y. — Just years after labor activists persuaded a handful of states to raise their minimum wage to $15 per hour, workers initially thrilled with the pay bump are finding their hard-won gains erased by inflation.
Inflation has meant that something that cost $15 in 2012 — when labor activists adopted the"Fight for $15" slogan in a push for wage hikes — would probably cost almost $20 today, according to the U.S. Bureau of Labor Statistics. The federal minimum wage in the United States has stayed at $7.25 per hour since 2009, but states and some localities are free to set higher amounts. Thirty states have chosen to do so.
A bill in New York would raise the state's minimum wage to $21.25 by 2026, and then adjust it each year going forward for inflation. Right now, minimum wage workers in New York City get paid $15, while the rest of the state is at $14.20.
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Push in states for $20 minimum wage as inflation persistsInflation has meant that something that cost $15 in 2012 — when labor activists adopted the 'Fight for $15' slogan in a push for wage hikes — would probably cost almost $20 today.
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Push in states for $20 minimum wage as inflation persistsJust years after labor activists persuaded a handful of states to raise their minimum wage to $15 per hour, workers initially thrilled with the pay bump are finding their hard-won gains erased by inflation
Lire la suite »
Push in states for $20 minimum wage as inflation persistsA bill in New York would raise the state’s minimum wage to $21.25 by 2026, and then adjust it each year going forward for inflation.
Lire la suite »
Push in states for $20 minimum wage as inflation persistsA bill in New York would raise the state’s minimum wage to $21.25 by 2026, and then adjust it each year going forward for inflation.
Lire la suite »
$20 minimum wage could come to New York as inflation persistsNew York is among the states where legislation has been filed to boost minimum wages to $20 or more.
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Push in states for $20 minimum wage as inflation persistsJust years after labor activists persuaded a handful of states to raise their minimum wage to $15 per hour, workers initially thrilled with the pay bump are finding their hard-won gains erased by inflation. New York City resident Anthony Rivera, 20, who sorts packages at a United Parcel Service facility in Brooklyn, said he had to take a second job at a grocery store after his food costs soared. New York, California and Massachusetts are among states where pro-labor forces are now pushing proposals that, if approved, would boost minimum wages to $20 or more in the coming years.
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