The brand new federal minimum wage has not been elevated inside ten years and you will has not nearly leftover with rising cost of living. It has got an effective disproportionately negative impact on Black colored experts, whom need consistently keep multiple services in order to survive. States that have increased minimal wages so you’re able to $fifteen an hour have seen their economies expand and you can flourish.
It is not given that high priced since you may think. Studies show your firms that spend well and supply a good positives and you will treat its each hour personnel with respect be much more winning.