CBS: Inflation, inflation, overwhelming American wallet, the minimum wage income, the minimum of 66 years in 66 years

China Well -off. July 19th. Most Americans of Laoma purchased products at the previous federal minimum wage standard, and never as few as today. A new analysis found that it has been nearly 13 years since Congress has raised the basic salary of the country to $ 7.25 per hour, and the value of this standard is now lower than at any time in 66 years.

CBS Financial Observation Program Connection Expert

CBS reports in the United States Broadcasting Corporation reported that according to the data of the Economic Policy Research Institute of the left -fixed Think Trumpet Economic Policy that increasing workers' salary, considering the latest inflation data, the minimum wage calculated by the actual US dollar purchasing power is currently at the lowest at the lowest since February 1956 since February 1956. At the time, the basic salary of the United States at that time was 75 cents (or $ 7.19 in June 2022).

At the same time, according to the calculation of EPI, the income of workers who earned the federal minimum wage standard today after the inflation adjustment is about 27%lower than the peer when the Congress (the previously applied for the salary) in July 2009. In February 1968, when the value of the basic salary reached its peak, the lowest income today was equivalent to a 40% salary.

- END -