Federal Minimum Wage Increase 2024, Marking 15 Years Since the Last Raise

Minimum Wage Increase

The federal minimum wage has been a cornerstone of U.S. labor policy since its establishment in 1938, designed to ensure a baseline standard of living for workers and prevent exploitation. However, at $7.25 per hour since 2009, the federal minimum wage has not kept pace with inflation or rising living costs, leaving millions of workers … Read more