Minimum Wage Not Adjusted for Inflation

Armand Biroonak's picture
Submitted by Armand Biroonak
September 19th, 2008
Posted in

If the minimum wage had been linked to the inflation rate in 1968, it would be over $8.60 today. If had been indexed to inflation in 1978, it would be nearly $8.00 today.

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Economic Policy Institute
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