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The minimum wage is now the lowest it’s been in 70 years—making the federal wage floor ‘officially a poverty wage,’ report finds

By fortune.com · · 1 min read
The minimum wage is now the lowest it’s been in 70 years—making the federal wage floor ‘officially a poverty wage,’ report finds

“We are currently in the longest period of inaction on the federal minimum wage since its inception in 1938,” economist Sylvia Allegretto wrote in a recent report.

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