Minimum wage right on target


by The Heritage Foundation on Jan 29, 2014 | Views: 125 | Score: 0
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The Heritage Foundation
The Heritage Foundation on Jan 29, 2014 3:43 AM said:

In 1987, the federal minimum wage was $3.35 per hour. After adjusting for inflation and productivity in the fast-food sector, that figure would equate to $7.67 per hour today— just above the current federal minimum wage of $7.25 per hour and the average minimum wage of $7.57 across all the states.