MonsiuerPatEBrown@reddthat.com to

Today I Learned@lemmy.world · 1 year ago

TIL Minimum wage has only increased by $7.00 in 85 years in the USA.

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TIL Minimum wage has only increased by $7.00 in 85 years in the USA.

MonsiuerPatEBrown@reddthat.com to

Today I Learned@lemmy.world · 1 year ago

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

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  1 year ago
  7.25 / 0.25 is indeed 29, therefore a 2800% increase is correct.
  
  Thus, another dishonest way of stating this number is that it has increased almost 33% for each year since it was first implemented. (Not per year)

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