Upon inception it was set at $0.25. It is now $7.25.

    • @[email protected]
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      42 years ago

      Additionally just because that is the minimum wage doesn’t mean people are getting payed that. I live in a state where we just used the fed minimum, and see McDonald’s advertising $17/hr. That’s still a pretty humble rate but the labor market dictates wages not the government.

      • @[email protected]
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        82 years ago

        While I am very pro-minimum wage, it does need to be more regionally based than nationally. The minimum required to get by in LA, New York, and so forth is going to be different than some podunk middle of no where towns in rural America.

        • @[email protected]
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          12 years ago

          Isn’t that why it’s so low? It would also be hard anywhere in the US to live on $7.25 an hour.

        • @[email protected]
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          92 years ago

          I’m not pro minimum wage. Not at all. It’s a symptom of a larger disease. The fact that we need laws to specify the minimum wage someone can make, is ridiculous. It’s 2023 and we have more than enough resources for everyone. Wages should be a thing of the past already. I’d take a basic income allowance or a system that removes money completely somehow tbh.

          • @[email protected]
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            52 years ago

            Completely removing money is forever impossible, as long as we are here. Some people will always be trading. It’s just our human nature, and money is very useful for trading. That means, even if the state of any country discontinues their fiat currency, the trading people that were agreeing upon using that currency, will just switch to any other fiat currency still in existence, or any crypto currency, or gold or whatever else they agree upon.